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Class 12 Accountancy Reconstitution - Admission of a Partner New Profit Sharing RatioEasy

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Choose the correct new ratio: A and B share profits in (3:2). C gets (1/10) share and the sacrificing ratio is (2:3).

Answer and explanation

Correct answer: A B C (28:17:5)

For C's (1/10) share A gives (1/25) and B gives (3/50). The new shares are (28/50) (17/50) and (5/50).

Related tags

Admission New-Profit-Sharing-Ratio Class-12 New Profit Sharing Ratio Reconstitution Admission Of A Partner Accountancy Class 12 Mcq

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