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Singh, Gupta and Khan are partners in a ...

Singh, Gupta and Khan are partners in a firm sharing profits in 3:2:3 ratio. They admitted Jain as a new partner. Singh surrendered `1//3` of his share in favour of Jain: Gupta surrendered `1//4` of his share in favour of Jain and Khan surrendered `1//5` in favour of Jain. Calculate new profit sharing ratio?

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The correct Answer is:
`20:15:24:21`
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NCERT-RECONSTITUTION OF A PARTNERSHIP FIRMADMISSION OF A PARTNER -Numerical Questions
  1. A,B and C were partners in a firm sharing profits in 3:3:2 ratio. They...

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  2. Radha and Rukmani are partners in a firm sharing profits in 3:2 ratio....

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  3. Singh, Gupta and Khan are partners in a firm sharing profits in 3:2:3 ...

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  4. Sandeep and Navdeep are partners in a firm sharing profits in 5:3 rati...

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  5. Rao and Swami are partners in a firm sharing profits and losses in 3:2...

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  6. Compute the value of goodwill on the basis of four years purchase of t...

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  7. Capital employed in a business is Rs. 2,00,000. The normal rate of ret...

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  8. The books of Ram and Bharti showed that the capital employed on 31.12....

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  9. Rajan and Rajani are partners in a firm. Their capitals were Rajan Rs....

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  10. A business has earned average profits of Rs. 1,00,000 during the last ...

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  11. Verma and Sharma are partners in a firm sharing profits and losses in ...

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  12. A and B are partners in a firm sharing profits and lossess in the rati...

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  13. Arti and Bharti are partners in a firm sharing profits in 3:2 ratio. T...

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  14. X and Y are partners in a firm sharing profits and losses in 4:3 ratio...

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  15. Aditya and Balan are partners sharing profits and losses in 3:2 ratio....

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  16. Amar and Samar were partners in a firm sharing profits and losses in 3...

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  17. Mohan Lal and Sohan Lal were partners in a firm sharing profits and lo...

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  18. Rajesh and Mukesh are equal partners in a firm. They admit Hari into p...

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  19. Amar and Akbar are equal partners in a firm. They admitted Anthony as ...

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  20. Given below is the Balance Sheet of A and B, who are carrying on partn...

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