Multiple choice

Ram and Mohan are partners in a firm. They admitted Sohan into the partnership giving him fourth share in future profits. The new profit sharing ratio of all the partners will be

  1. 3:1:2

  2. 3:3:2

  3. 3:3:3

  4. 3:2:1

  5. 1:2:2

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

This is the correct answer as both Ram and Mohan will share equal profit, and Sohan will get fourth share of the future profit.