Naveen, Suresh and Tarun are partners sharing profits and losses in the ratio of 5:3:2. Tarun retires from the firm and his share was taken over by Naveen and suresh in the ratio 2:1. In such a case, the new profit sharing ratio will be:
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → 19:11
When the continuing partners take over the retiring partner’s share in a ratio other than their old ratio, each one’s new share is his old share plus the part of the retiring partner’s share he acquires.
Tarun’s share = 2/10, taken by Naveen and Suresh in 2:1
Share acquired by Naveen = 2/10 × 2/3 = 4/30
Share acquired by Suresh = 2/10 × 1/3 = 2/30
Naveen’s new share = 5/10 + 4/30 = 15/30 + 4/30 = 19/30
Suresh’s new share = 3/10 + 2/30 = 9/30 + 2/30 = 11/30
New profit sharing ratio of Naveen and Suresh = 19:11
NCERT (2026-27 edition):
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