A and B are partners sharing profits in the ratio of 2 : 3, they admit C as a partner for 1/4th share, the sacrificing ratio of A and B will be
A and B are partners sharing profits in the ratio of 2 : 3, they admit C as a partner for 1/4th share, the sacrificing ratio of A and B will be
a) 2 : 3
b) 1 : 1
c) 3 : 2
d) 2 : 1
Anurag Pathak Changed status to publish June 1, 2023
Ans – a)
Explanation:-
In the absence of any further information. the sacrificing ratio of the old partners is always equal to the old ratio.
Anurag Pathak Changed status to publish June 1, 2023