Reconstitution of a Partnership Firm – Admission of a Partner · Class 12 · CBSE · Commerce Accountancy
A and B are partners sharing profits in the ratio 3:2. C is admitted as a partner. The new profit-sharing ratio among A, B, and C is 5:3:2. What is t…
Practice question from Reconstitution of a Partnership Firm – Admission of a Partner (Class 12 · CBSE · Commerce Accountancy), with the correct answer and a step-by-step solution.
medium · MCQ · Q-DD6D7E
A and B are partners sharing profits in the ratio 3:2. C is admitted as a partner. The new profit-sharing ratio among A, B, and C is 5:3:2. What is the sacrificing ratio of A and B?
- A.3:2
- B.2:1Correct answer
- C.1:1
- D.5:3
Solution
Sacrificing Ratio = Old Share - New Share. A's sacrifice = . B's sacrifice = . Thus, sacrificing ratio of A and B is . Wait, is , let's check: A's sacrifice = ; B's sacrifice = . So ratio is . Let's check option C.
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