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P, Q and R are partners sharing profits in 3 : 2 : 1. They admit S as partner. P, Q and R surrender 1/3rd, 1/6th and 1/9th share of their respective profits. The share of profit of S will be ______.

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Question

P, Q and R are partners sharing profits in 3 : 2 : 1. They admit S as partner. P, Q and R surrender 1/3rd, 1/6th and 1/9th share of their respective profits. The share of profit of S will be ______.

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Solution

P, Q and R are partners sharing profits in 3 : 2 : 1. They admit S as partner. P, Q and R surrender 1/3rd, 1/6th and 1/9th share of their respective profits. The share of profit of S will be 13/54.

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Chapter 3: Admission of a Partner - OBJECTIVE TYPE QUESTIONS [Page 3.185]

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D. K. Goel Accountancy Part A Volume 1 and 2 [English] Class 12
Chapter 3 Admission of a Partner
OBJECTIVE TYPE QUESTIONS | Q (C) 6. | Page 3.185
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