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A B C and D share 1:3:2:4. B retires and his share is taken by A C D in 2:1:3. What will be the new ratio?

Answer and explanation

Correct answer: 4:5:11

B share is 3/10 and when divided in 2:1:3 the new shares become 4/20 5/20 and 11/20. Therefore the new ratio is 4:5:11.

Related tags

Four PartnersRetirementNew RatioNew RatiosReconstitution Retirement Or Death Of A PartnerAccountancyClass 12 Mcq

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