A B and C are partners sharing profits
A, B and C are partners sharing profits in the ratio of 3 : 2 : 1. C retired, New Profit sharing ratio will be
a) 1 : 3
b) 3 : 2
c) 1 : 1
d) None of these
Anurag Pathak Changed status to publish July 2, 2023
Ans – b)
Solution:-
In the absence of any further information, the remaining partners new profit sharing ratio will be ratio of profit in which they share the profit.
Anurag Pathak Changed status to publish July 2, 2023
