12th Class
Accountancy
Admission of a Partner
Question Bank
MCQs - Reconstitution Of a Partnership Firm : Admission of a Partner
question_answer
Mohan and Sohan are partners in a firm sharing profits in the ratio of 3:2. They admit Karan for 1/51 share in the profits of the firm, which he gets equally from Mohan and Sohan. New Profit Sharing Ratio will be: