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Amit and Beena were partners in a firm sharing profits and losses in the ratio of 3: 1. Chaman was admitted as a new partner for l/6lh share in the profits. Chaman acquired 2/5th of his share from Amit. How much share did Chaman acquire from Beena? (Delhi and AI 2018)

SOLUTION

Chaman’s Share of Profit = 1 / 6
Share of Profit acquired by Chaman from Amit = 1 / 6 x 2 / 5 = 2 / 30
Therefore, share of profit acquired by Chaman from Beena = 1 / 6 – 2 / 30 = 5 – 2 / 30 = 3 / 30 or 1 / 10


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