Question : A, B and C are partners sharing profits and losses in the ratio of 4:3:1 respectively. March 31, 2023, At the end of the year B died and sold his share of profit to A and C for Rs.81,000; Rs.36,000 being paid by A and Rs.45,000 by C. 

The New profit-sharing ratio will be 

Option 1: 2:1

Option 2: 1:2

Option 3: 4:5

Option 4: 4:1

Question : P, Q and R are three partners sharing profits in the ratio of 3: 2: 1. Goodwill appears in the Balance Sheet at a value of Rs. 60,000. Q retires. P and R decided to share future profits in the ratio of 3: 2, amount payable to Q will be ....

Option 1: Rs.12,000

Option 2: Rs.6,000

Option 3: Rs.18,000

Option 4: Rs.13,333

Question : P, Q and R have been sharing profits in the ratio of 8 : 5 : 3. P retires. Q takes 3/16th share from P and R takes 5/16th share from P. New profit sharing ratio will be :

Option 1: 10 : 6

Option 2: 9 : 7

Option 3: 5 : 3

Option 4: 1 : 1

Question : Hari, Mohan and Sohan are partners sharing profit and losses in the ratio of 5:3:2.  Mohan died. His share  of profit  is to be taken by Hari and sohan in the ratio of 2:1. Calculate the new profit-sharing ratio and also calculate the gaining ratio

Option 1: New ratio 7:3 and Gaining ratio 2:1

Option 2: New ratio 7:3 and Gaining ratio 2:1

Option 3: Both A and B are correct

Option 4: None of the above 

Question : Hari, Mohan and Sohan are partners sharing profit and losses in the ratio of 5:3:2.  Mohan died. His share  of profit  is to be taken by Hari and sohan in the ratio of 2:1. Calculate the new profit-sharing ratio and also calculate the gaining ratio

Option 1: New ratio 7:3 and Gaining ratio 2:1

Option 2: New ratio 7:3 and Gaining ratio 2:1

Option 3: Both A and B are correct

Option 4: None of the above