{"id":48999,"date":"2024-04-15T22:49:28","date_gmt":"2024-04-15T22:49:28","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=48999"},"modified":"2024-04-15T22:49:28","modified_gmt":"2024-04-15T22:49:28","slug":"r-and-s-are-partners-sharing-profits-in-the-ratio-of-5-3-t-joins-the-firm-as-a-new-partner-r-given-frac14textth-of-his-share-and-s-given-frac25textth-of-h","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/r-and-s-are-partners-sharing-profits-in-the-ratio-of-5-3-t-joins-the-firm-as-a-new-partner-r-given-frac14textth-of-his-share-and-s-given-frac25textth-of-h\/","title":{"rendered":"R and S are partners sharing profits in the ratio of 5 : 3. T joins the firm as a new partner. R given $${\\frac{1}{4}^{{\\text{th}}}}$$ of his share and S given $${\\frac{2}{5}^{{\\text{th}}}}$$ of his share to new partner. New profit sharing ratio of R, S and T will be"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;15:01:26&#8243; option2=&#8221;75:36:49&#8243; option3=&#8221;25:15:26&#8243; option4=&#8221;20:09:11&#8243; correct=&#8221;option1&#8243;]<!--more--><\/p>\n<p>The correct answer is $\\boxed{\\text{D}}$.<\/p>\n<p>Initially, R and S share the profits in the ratio of 5 : 3. This means that R gets 5 parts of the profit and S gets 3 parts of the profit.<\/p>\n<p>When T joins the firm, R gives $\\frac{1}{4}$ of his share to T and S gives $\\frac{2}{5}$ of his share to T. This means that R now gets $\\frac{3}{4}$ of his original share and S now gets $\\frac{3}{5}$ of his original share.<\/p>\n<p>The total amount of profit that R, S, and T now share is 5 + 3 + 1 = 9 parts.<\/p>\n<p>R&#8217;s share of the profit is now $\\frac{3}{4} \\times 5 = \\frac{15}{4}$ parts.<\/p>\n<p>S&#8217;s share of the profit is now $\\frac{3}{5} \\times 3 = \\frac{9}{5}$ parts.<\/p>\n<p>T&#8217;s share of the profit is $\\frac{9}{9} = 1$ part.<\/p>\n<p>Therefore, the new profit sharing ratio of R, S, and T is $\\frac{15}{4} : \\frac{9}{5} : 1 = 20 : 9 : 11$.<\/p>\n<p>Here is a brief explanation of each option:<\/p>\n<ul>\n<li>Option A: This option is incorrect because it does not take into account the fact that R and S give some of their shares to T.<\/li>\n<li>Option B: This option is incorrect because it does not take into account the fact that R and S give different amounts of their shares to T.<\/li>\n<li>Option C: This option is incorrect because it does not take into account the fact that the total amount of profit that R, S, and T now share is 9 parts.<\/li>\n<li>Option D: This option is correct because it takes into account all of the factors mentioned above.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;15:01:26&#8243; option2=&#8221;75:36:49&#8243; option3=&#8221;25:15:26&#8243; option4=&#8221;20:09:11&#8243; correct=&#8221;option1&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85],"tags":[],"class_list":["post-48999","post","type-post","status-publish","format-standard","hentry","category-accounting","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>R and S are partners sharing profits in the ratio of 5 : 3. T joins the firm as a new partner. R given $${\\frac{1}{4}^{{\\text{th}}}}$$ of his share and S given $${\\frac{2}{5}^{{\\text{th}}}}$$ of his share to new partner. New profit sharing ratio of R, S and T will be<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/r-and-s-are-partners-sharing-profits-in-the-ratio-of-5-3-t-joins-the-firm-as-a-new-partner-r-given-frac14textth-of-his-share-and-s-given-frac25textth-of-h\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"R and S are partners sharing profits in the ratio of 5 : 3. T joins the firm as a new partner. R given $${\\frac{1}{4}^{{\\text{th}}}}$$ of his share and S given $${\\frac{2}{5}^{{\\text{th}}}}$$ of his share to new partner. New profit sharing ratio of R, S and T will be\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;15:01:26&#8243; option2=&#8221;75:36:49&#8243; option3=&#8221;25:15:26&#8243; option4=&#8221;20:09:11&#8243; correct=&#8221;option1&#8243;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/r-and-s-are-partners-sharing-profits-in-the-ratio-of-5-3-t-joins-the-firm-as-a-new-partner-r-given-frac14textth-of-his-share-and-s-given-frac25textth-of-h\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-15T22:49:28+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"R and S are partners sharing profits in the ratio of 5 : 3. T joins the firm as a new partner. R given $${\\frac{1}{4}^{{\\text{th}}}}$$ of his share and S given $${\\frac{2}{5}^{{\\text{th}}}}$$ of his share to new partner. New profit sharing ratio of R, S and T will be","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/r-and-s-are-partners-sharing-profits-in-the-ratio-of-5-3-t-joins-the-firm-as-a-new-partner-r-given-frac14textth-of-his-share-and-s-given-frac25textth-of-h\/","og_locale":"en_US","og_type":"article","og_title":"R and S are partners sharing profits in the ratio of 5 : 3. T joins the firm as a new partner. R given $${\\frac{1}{4}^{{\\text{th}}}}$$ of his share and S given $${\\frac{2}{5}^{{\\text{th}}}}$$ of his share to new partner. New profit sharing ratio of R, S and T will be","og_description":"[amp_mcq option1=&#8221;15:01:26&#8243; option2=&#8221;75:36:49&#8243; option3=&#8221;25:15:26&#8243; option4=&#8221;20:09:11&#8243; correct=&#8221;option1&#8243;]","og_url":"https:\/\/exam.pscnotes.com\/mcq\/r-and-s-are-partners-sharing-profits-in-the-ratio-of-5-3-t-joins-the-firm-as-a-new-partner-r-given-frac14textth-of-his-share-and-s-given-frac25textth-of-h\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2024-04-15T22:49:28+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/r-and-s-are-partners-sharing-profits-in-the-ratio-of-5-3-t-joins-the-firm-as-a-new-partner-r-given-frac14textth-of-his-share-and-s-given-frac25textth-of-h\/","url":"https:\/\/exam.pscnotes.com\/mcq\/r-and-s-are-partners-sharing-profits-in-the-ratio-of-5-3-t-joins-the-firm-as-a-new-partner-r-given-frac14textth-of-his-share-and-s-given-frac25textth-of-h\/","name":"R and S are partners sharing profits in the ratio of 5 : 3. T joins the firm as a new partner. R given $${\\frac{1}{4}^{{\\text{th}}}}$$ of his share and S given $${\\frac{2}{5}^{{\\text{th}}}}$$ of his share to new partner. New profit sharing ratio of R, S and T will be","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2024-04-15T22:49:28+00:00","dateModified":"2024-04-15T22:49:28+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/r-and-s-are-partners-sharing-profits-in-the-ratio-of-5-3-t-joins-the-firm-as-a-new-partner-r-given-frac14textth-of-his-share-and-s-given-frac25textth-of-h\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/r-and-s-are-partners-sharing-profits-in-the-ratio-of-5-3-t-joins-the-firm-as-a-new-partner-r-given-frac14textth-of-his-share-and-s-given-frac25textth-of-h\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/r-and-s-are-partners-sharing-profits-in-the-ratio-of-5-3-t-joins-the-firm-as-a-new-partner-r-given-frac14textth-of-his-share-and-s-given-frac25textth-of-h\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"mcq","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/mcq\/"},{"@type":"ListItem","position":3,"name":"accounting","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/mcq\/accounting\/"},{"@type":"ListItem","position":4,"name":"R and S are partners sharing profits in the ratio of 5 : 3. T joins the firm as a new partner. R given $${\\frac{1}{4}^{{\\text{th}}}}$$ of his share and S given $${\\frac{2}{5}^{{\\text{th}}}}$$ of his share to new partner. New profit sharing ratio of R, S and T will be"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/mcq\/#website","url":"https:\/\/exam.pscnotes.com\/mcq\/","name":"MCQ and Quiz for Exams","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/mcq\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/mcq\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/48999","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/comments?post=48999"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/48999\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/media?parent=48999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/categories?post=48999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/tags?post=48999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}