Niyati and Aisha were partners in a firm sharing profits and losses in the ratio of 4 : 3. They admitted Bina as a new partner. Niyati sacrificed 1/4th from her share and Aisha sacrificed 1/7th from her share in favor of Bina. Bina’s share in the profits of the firm will be
Niyati and Aisha were partners in a firm sharing profits and losses in the ratio of 4 : 3. They admitted Bina as a new partner. Niyati sacrificed 1/4th from her share and Aisha sacrificed 1/7th from her share in favor of Bina. Bina’s share in the profits of the firm will be
a) 2/7
b) 11/28
c) 10/49
d) 7/16
Anurag Pathak Changed status to publish June 1, 2023
Ans – b)
solution:-
Bina gets 1/4 from Niyati
Bina gets 1/7 from Aisha
Thus
Bina’s share in profit
1/4 + 1/7 = 11/28
Anurag Pathak Changed status to publish June 1, 2023
