Naveen and Ghanshyam are partners in a firm sharing profits in the ratio of 3:2. They admitted Daniel as a new partner for 1/4 share. The new profit sharing ratio between Naveen and Ghanshyam will be 2:1. Calculate the New profit sharing ratio of Naveen, Ghanshyam and Daniel :
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → 2:1:1
When the old partners’ new ratio between themselves is given, the new partner’s share is taken out first and the remaining share is divided between the old partners in their given new ratio.
Daniel’s share = 1/4
Remaining share = 1 − 1/4 = 3/4
Naveen’s share = 2/3 of 3/4 = 2/4
Ghanshyam’s share = 1/3 of 3/4 = 1/4
New ratio of Naveen, Ghanshyam and Daniel = 2/4 : 1/4 : 1/4 = 2:1:1
NCERT (2026-27 edition):
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