XY, YZ & ZW are partners in ratio of 3:2:1. A joins the firm as a new partner for 1/6th share in profits. If ZW would retain his original share, then what will be the new profit-sharing ratio? |
12:5:8:6 12:5:5:6 12:8:6:5 12:8:5:5 |
12:8:5:5 |
The correct answer is option 4- 12:8:5:5. ZW Share will be the same i.e., 1/6 This 4/6 is distributed between XY & YZ in old ratio i.e., 3:2 YZ new share = 2/5*4/6 So, new profit-sharing ratio = 12/30:8/30:1/6:1/6 |