Q1912
X and Y are partners and sharing profits-losses in the ratio of 4 : 3. They admit Z in partnership giving 1/3^ rd share in profits/losses. If Z receives his share from X and Y in equal proportion, the share of Y in profits/loses in future will be
X and Y are partners and sharing profits-losses in the ratio of 4 : 3. They admit Z in partnership giving share in profits/losses. If Z receives his share from X and Y in equal proportion, the share of Y in profits/loses in future will be
A.
Answer
B.
C.
D.
Answer: Option A
Solution
Answer: Option A
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