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