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After retirement, the new profit-sharing fractions of the remaining partners are \(6/11\) and \(5/11\), respectively. What will be their new ratio?

Answer and explanation

Correct answer: 6:5

Both new fractions have the same denominator, 11. Therefore, their ratio is the ratio of the numerators: \(6/11 : 5/11 = 6:5\). Option B reverses the order of the partners’ shares. Exam tip: When fractions have the same denominator, compare their numerators directly to find the ratio.

Related tags

New RatioRetirement Of PartnerProfit Sharing RatioPartnership AccountsNew RatiosReconstitution Retirement Or Death Of A PartnerAccountancyClass 12 Mcq

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