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From old ratio (2:3:4), a new partner gets (1/9) share only from the first and second partners in (2:1). What is the new ratio?

Answer and explanation

Correct answer: (4:8:12:3)

Total sacrifice is (1/9). The first sacrifices (2/27), and the second sacrifices (1/27). The new shares are (4/27,8/27,12/27,3/27).

Related tags

Selective SacrificeSacrifice RatioAdmissionNew Profit Sharing RatioReconstitution Admission Of A PartnerAccountancyClass 12 Mcq

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