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Commerce · Q1275

Accounting

Graduate and Post Graduate · Commerce · question 1275

Q1275

A and B are partners in a firm sharing profit and loss in the ratio of 3 : 2. They admit C into partnership for 1/4^ th share and the new ratio between A and B is 2 : 1. The sacrificing ratio is

A and B are partners in a firm sharing profit and loss in the ratio of 3 : 2. They admit C into partnership for share and the new ratio between A and B is 2 : 1. The sacrificing ratio is
A.
1 : 1
B.
2 : 1
C.
3 : 1
D.
2 : 3
Answer

Answer: Option D

Solution

Answer: Option D
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