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 share of profit will be: |
11:17 19:11 11:19 11:12 |
19:11 |
The correct answer is option 2- 19:11. Old ratio = 5:3:2 (Naveen, Suresh and Tarun) Tarun retires Gained share of Suresh = 2/10 x 1/3 New share = Old share + Gained share New share of Naveen = 5/10 + 4/30 New share of Suresh = 3/10 + 2/30 New ratio = 19/30 :11/30 |