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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
    A, B, C and D are partners. A and B share 2/3rd of profits equally and C and D share remaining profit the ratio of 3:2. Profit sharing ratio of the partners:

    A) 5 : 5 : 3 : 2

    B) 7 : 7 : 6 : 4 

    C) 5 : 5 : 16 : 12

    D) 3 : 9 : 8 : 3

    Correct Answer: A

    Solution :

    5 : 5 : 3 : 2


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