Question

Anuj and Eeshan are two partners sharing profits and losses in the ratio of 3:2. They decided to admit Aaroh for 1/5th share, the new profit sharing ratio will be ____________

Options

• 12 : 8 : 5

• 4 : 3 : 1

• 12 : 8 : 1

• 12 : 3 : 1

Answer 1

Anuj and Eeshan are two partners sharing profits and losses in the ratio of 3:2. They decided to admit Aaroh for 1/5th share, the new profit sharing ratio will be 12 : 8 : 5.

Explanation:

Current Profit Sharing Ratio of Anuj and Eeshan = 3 : 2

Aaroh’s Share = `1/5`

Thus, the remaining share for Anuj and Eeshan = `1−1/5 = 4/5`

Anuj and Eeshan will share the remaining 4554​ in their existing ratio of 3 : 2.

Anuj’s new share = `3/5 × 4/5 = 12/25`

Eeshan’s new share = `2/5 × 4/5 = 8/25`​

Aaroh’s share = `1/5 = (1 xx 5)/(5 xx 5) = 5/25`

New Profit Sharing Ratio: Anuj : Eeshan : Aaroh = 12 : 8 : 5