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Arun, Bashir and Joseph were partners in a firm sharing profits and losses in the ratio of 5 : 3 : 2. They admitted Daksh as a new partner who acquired his share entirely from Arun. - Accountancy

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Question

Arun, Bashir and Joseph were partners in a firm sharing profits and losses in the ratio of 5 : 3 : 2. They admitted Daksh as a new partner who acquired his share entirely from Arun. If Arun sacrificed `(1/5)^"th"` from his share to Daksh, Daksh’s share in the profits of the firm will be:

Options

  • `1/10`

  • `1/5`

  • `3/10`

  • `2/5`

MCQ
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Solution

`bb(1/5)`

Explanation:

Daksh obtained a `1/5` share directly from Arun, who gave up that portion. Therefore, Daksh’s share is `1/5`​.

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2024-2025 (March) Outside Delhi Set 1
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