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Commerce · Q1937

Accounting

Graduate and Post Graduate · Commerce · question 1937

Q1937

A, B and C are partners sharing profits and losses in 5 : 3 : 2. What will be new profit sharing ratio between A and C if B decided to take leave from the firm?

A.
5 : 3
B.
5 : 1
C.
5 : 2
Answer
D.
3 : 2

Answer: Option C

Solution

Answer: Option C
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