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A and B have old ratio 2:1. C gets one fourth share and A B sacrifice in old ratio. What will be the sacrificing ratio?

Answer and explanation

Correct answer: 2:1

When old partners sacrifice in their old ratio the sacrificing ratio remains the old ratio. Identify it directly.

Related tags

GoodwillAdmissionSacrificing RatioPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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