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Commerce · Q2336

Accounting

Graduate and Post Graduate · Commerce · question 2336

Q2336

X, Y and Z share profit and losses in the ratio of 5 : 3 : 2, Z retires and his share is taken by X and Y in the ratio of 1 : 2. The new profit-loss sharing ratio between X and Y will be:

A.
17 : 13
Answer
B.
11 : 7
C.
10 : 7
D.
6 : 5

Answer: Option A

Solution

Answer: Option A
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