X and Y share profits in the ratio of 3 : 2. Z was admitted as a partner who gets 1/5 share. If Z acquires 3/20 from X and 1/20 from Y, the new profit sharing ratio would be:
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → 9 : 7 : 4
X = 3/5 − 3/20 = 12/20 − 3/20 = 9/20
Y = 2/5 − 1/20 = 8/20 − 1/20 = 7/20
Z = 3/20 + 1/20 = 4/20
New profit sharing ratio = 9 : 7 : 4
Note: The book prints “sets” for “gets” in this question.
NCERT (2026-27 edition):
NCERT (2026-27 edition):
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