2. Questions Bank
  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 and C were partners in a firm sharing profits in the ratio of 3:2:1. They admitted D as a new partner for 1/8th share in the profits, which he acquired 1/16th from B and 1/16th from C. New Profit Sharing Ratio:

    A) 24 : 13 : 5 : 6

    B) 3 : 2 : 1 : 1

    C) 24 : 13 : 5 : 5    

    D) 3 : 2 : 2 : 1

    Correct Answer: A

    Solution :

    24 : 13 : 5 : 6


You need to login to perform this action.
You will be redirected in 3 sec spinner