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If the new ratio is directly given in the question in what ratio will future profit of continuing partners be shared?

Answer and explanation

Correct answer: In the given new ratio

When new ratio is clearly given future profits and losses are shared in that ratio. Gaining ratio is separately used to find gains.

Related tags

Direct New RatioFuture ProfitExam RuleNew RatiosReconstitution Retirement Or Death Of A PartnerAccountancyClass 12 Mcq

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