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A and B share in (9:7). C is admitted for (1/4) share. C takes his share from A and B in (1:3). What will be the final new ratio?

Answer and explanation

Correct answer: (32:16:16)

A's sacrifice is (1/4 \times 1/4=1/16) and B's sacrifice is (3/16). New shares are (8/16) (4/16) (4/16) so (8:4:4).

Related tags

New RatioShare TakenExpertGoodwill AccountingReconstitution Admission Of A PartnerAccountancyClass 12 Mcq

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