Sarthaks Test
0 votes
in Accounts by (64.1k points)

Ram, Mohan and Sohan were partners sharing profits in the ratio of 1/5, 1/3 and 7/15 respectively. Sohan retires and his share was taken up by Ram and Mohan in the ratio of 3:2. Find out the new ratio.

1 Answer

0 votes
by (106k points)
selected by
Best answer

Ram and Mohan decided to take his share in the Ratio of 3:2

New profit share = old proft share + share taken from sohan

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.