Multiple choice

Sohan and Mohan are partners in a firm. They admitted Salim 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 Sohan and Mohan will share equal profit, and Salim will get fourth share of the future profit.