Question

P and Q are partners sharing profit or loss in the ratio of 4 : 1. P surrenders `1/6` from his share and Q surrenders `1/4` of his share in favour of R, a new partner. What will be the R’s share?

Options

• `5/12`

• `11/60`

• `13/60`

• `7/12`

Answer 1

`bb(13/60)`

Explanation:

Share Surrendered by P = `1/6`

Share Surrendered by Q = `1/5 xx 1/4`

= `1/20`

R’s Share = `1/6 + 1/20`

= `(1 xx 10)/(6 xx 10) + (1 xx 3)/(20 xx 3)`

= `10/60 + 3/60`

= `(10 + 3)/60`

= `13/60`