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If the old profit-sharing ratio and the retiring partner are given, but no other information about the new ratio is provided, how is the new ratio of the continuing partners determined?

Answer and explanation

Correct answer: शेष साझेदारों का पुराना आपसी अनुपात ही नया अनुपात माना जाता है

When no other information about the new ratio is given, the continuing partners are assumed to retain their old mutual ratio. Their shares are compared after excluding the retiring partner.

Related tags

RetirementOld Mutual RatioNew RatiosReconstitution Retirement Or Death Of A PartnerAccountancyClass 12 Mcq

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