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Class 12 Accountancy Reconstitution - Retirement or Death of a Partner New RatiosExpert

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A B and C share in 6:3:1. C retires and his share is taken equally by A and B. What will be the new ratio?

Answer and explanation

Correct answer: 13:7

C share is 1/10 and equal acquisition gives 1/20 each to A and B. New shares are 13/20 and 7/20.

Related tags

Equal Acquisition New Ratio Retirement New Ratios Reconstitution Retirement Or Death Of A Partner Accountancy Class 12 Mcq

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