Q1589
A, B and C are partners in a firm sharing profits in the ratio 2/5:\,2/5:\,1/5. C retires from the firm and his share is bought by A and B in equal ratio. New profit sharing ratio will be.
A, B and C are partners in a firm sharing profits in the ratio C retires from the firm and his share is bought by A and B in equal ratio. New profit sharing ratio will be.
A.
Answer
B.
C.
D.
Answer: Option A
Solution
Answer: Option A
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