Accountancy > Accounting For Partnership Firms > Admission Of A Partner
Success Rate: 0%
Single Question
(a) Rani, Maharani and Laxmi were partners in a firm sharing profits and losses in the ratio of 3:3:2. On 1st April, 2024 they admitted Reena as a new partner for 1/5 share in the profits of the firm. Reena acquired her share from Rani and Maharani in the ratio of 3: 2. The new profit sharing ratio between Rani, Maharani, Laxmi and Reena will be :
Keep Practicing
Edvaya Target
Board & Competitive Exams Made Easy
Edvaya Target is built for students preparing for JEE (Main & Advanced), NEET UG, and Board Exams (CBSE, ISC & State Boards) — using a practice-first approach that actually works.
Current Question
Attempts0/3
StatusNot Answered
Ready to Answer! 🚀
Community Stats
Active Learners30
Questions Attempted560
Community Success Rate71%
Track Your Progress
Sign up to save your practice progress, add favorites, and get personalized insights.