Question

Monu and Sonu were partners sharing profits in the ratio of 2 : 3. They admitted Ram as a new partner for `3/5`th share in profits which he acquired `1/5`th from Monu and `2/5`th from Sonu. The new profit sharing ratio of monu, sonu and ram will be ______.

Options

• 3 :1 :1

• 1 :1 :3

• 2 :3 :1

• 2 :3 :3

Answer 1

Monu and Sonu were partners sharing profits in the ratio of 2 : 3. They admitted Ram as a new partner for `3/5`th share in profits which he acquired `1/5`th from Monu and `2/5`th from Sonu. The new profit sharing ratio of monu, sonu and ram will be 1 :1 :3.

Explanation:

Old Ratio of Monu and sonu = 2 : 3

Ram's share = `3/5`

Monu's New Share =`2/5 - 1/5 = 1/5`

Sonu's New Share = ` 3/5 - 2/5 = 1/5`

New Profit Sharing Ratio of Monu, Sonu and Ram =`1/5: 1/5: 3/5`

= 1 : 1 : 3.

Answer 2

Monu and Sonu were partners sharing profits in the ratio of 2 : 3. They admitted Ram as a new partner for `3/5`th share in profits which he acquired `1/5`th from Monu and `2/5`th from Sonu. The new profit sharing ratio of monu, sonu and ram will be 1 :1 :3.

Explanation:

Old Ratio of Monu and sonu = 2 : 3

Ram's share = `3/5`

Monu's New Share =`2/5 - 1/5 = 1/5`

Sonu's New Share = ` 3/5 - 2/5 = 1/5`

New Profit Sharing Ratio of Monu, Sonu and Ram =`1/5: 1/5: 3/5`

= 1 : 1 : 3.