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Question
Mini and Mansi are partners sharing profits in the ratio of 4 : 3. They admitted Nisha as a new partner for `3/7`th share in profits which she acquired `2/7`th from Mini and `1/7`th from Mansi. The new profit sharing ratio of Mini, Mansi and Nisha will be ______.
Options
4 : 3 : 3
5 : 3 : 2
2 : 3 : 5
2 : 2 : 3
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Solution
Mini and Mansi are partners sharing profits in the ratio of 4 : 3. They admitted Nisha as a new partner for `3/7`th share in profits which she acquired `2/7`th from Mini and `1/7`th from Mansi. The new profit sharing ratio of Mini, Mansi and Nisha will be 2 : 2 : 3.
Explanation:
Old Ratio of Mini and Mansi = 4 : 3
Nisha' s Share =`3/7`
Mini's New Shars = `4/7-2/7=2/7`
Mansi's New Share = `3/7-1/7=2/7`
New Profit Sharing Ratio of Mini, Mansi and Nisha = `2/7:2/7:3/7`
= 2 : 2 : 3.
