Ramesh and Suresh are partners in a firm sharing profits in the ratio of 4 : 3. They admitted Mohan as a new partner. The profit sharing ratio of Ramesh, Suresh and Mohan will be 2 : 3 : 1. Choose the correct option with regards to the gain or sacrifice of old partner-
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → Ramesh’s sacrifice = 10/42
Each old partner’s sacrifice or gain is his old share minus his new share. A positive result is a sacrifice; a negative one is a gain.
Ramesh: old 4/7 = 24/42, new 2/6 = 14/42, so sacrifice = 10/42
Suresh: old 3/7 = 18/42, new 3/6 = 21/42, so he gains 3/42
Mohan’s new share = 1/6 = 7/42
Check: Ramesh’s sacrifice 10/42 = Suresh’s gain 3/42 + Mohan’s share 7/42
So the whole sacrifice is by Ramesh. Suresh’s share rises, which is why “Suresh’s sacrifice = 3/42” gets the direction wrong: the 3/42 is his gain.
NCERT (2026-27 edition):
|
