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If A and B share profits in (3:2) and C gets (1/5) share while A and B sacrifice in old ratio what will be the sacrificing ratio?

Answer and explanation

Correct answer: (3:2)

When sacrifice is made in old ratio the sacrificing ratio remains the old ratio. In exams read the sacrifice condition before using the new share.

Related tags

Sacrificing RatioOld RatioNumericalGoodwill AccountingReconstitution Admission Of A PartnerAccountancyClass 12 Mcq

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