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A and B share profits in (1:5). C gets (1/3) share and A B sacrifice equally. What will be the new ratio?

Answer and explanation

Correct answer: A B C (0:4:2)

A's old share was (1/6) and he sacrifices (1/6) so A becomes zero. B has (4/6) and C has (2/6).

Related tags

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

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