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  3. 12th Class
  4. Accountancy
  5. Admission of a Partner

12th Class Accountancy Admission of a Partner Question Bank MCQs - Reconstitution Of a Partnership Firm : Admission of a Partner

  • question_answer
    X and Y are partners sharing profits in the ratio of 3:2. They admit Z as a new partner by giving him 1/3rd share in future profits. The new ratio will be:

    A) 12 : 8 : 5

    B) 8 : 12 : 5

    C) 5 : 5 : 12 

    D) 6 : 4 : 5

    Correct Answer: D

    Solution :

    6 : 4 : 5


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