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Commerce · Q2265

Accounting

Graduate and Post Graduate · Commerce · question 2265

Q2265

X, Y and Z are partners in the ratio 1/2:2/5 and 110 . If X retires then what is the profit sharing ratio between remaining partners?

X, Y and Z are partners in the ratio   and . If X retires then what is the profit sharing ratio between remaining partners?
A.
2 : 1
B.
4 : 1
Answer
C.
5 : 1
D.
3 : 1

Answer: Option B

Solution

Answer: Option B
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