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Choose the correct correction: A and B share profits in (5:4). C gets (2/9) share. A's new share is (4/9). What will be the sacrificing ratio?

Answer and explanation

Correct answer: (1:1)

A's sacrifice is (1/9) and B's new share is (1-4/9-2/9=3/9). B's sacrifice is (4/9-3/9=1/9) so the ratio is (1:1).

Related tags

AdmissionNew-RatioHardNew Profit Sharing RatioReconstitution Admission Of A PartnerAccountancyClass 12 Mcq

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