Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Admission of a Partner

Question:

Das and Sinha are partners in a firm sharing profits in 4:1 ratio. They admitted Pal as a new partner for 1/4th share in the profits, which he acquired wholly from Das. The new profit sharing ratio of the partners is-

Options:

11:4:5

11:5:4

9:4:5

7:3:5

Correct Answer:

11:4:5

Explanation:

The correct answer is Option (1) → 11:4:5