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Home › CBSE Class 12 (Commerce) › Accountancy › Accounting for Partnership Firms: Change in Profit-Sharing Ratio and Admission of a Partner › Ram, Mohan, Sohan move from 3:2:1 to equal shari…

Ram, Mohan, Sohan move from 3:2:1 to equal sharing. Who gains profit share?

AMohan
BAll three
CSohan
DRam
Answer & Solution
Correct answer: C. Sohan
Sohan rises from 1/6 to 1/3, Ram falls from 1/2 to 1/3, and Mohan stays at 1/3.
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