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A new partner brings rupees eighty thousand for goodwill and sacrificing ratio is three ratio one how much will the first old partner receive?

Answer and explanation

Correct answer: Rupees 60000

Rupees 80000 divided in ratio three to one gives three fourth to the first partner. Therefore he receives rupees 60000.

Related tags

GoodwillPremiumSacrificing-RatioNumericalPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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