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 are partners sharing in the ratio of 5 : 4 : 3. They admit D for - \[\frac{1}{7}\]th share. It is agreed that B would retain his original share. Sacrificing ratio will be:

    A) A, B and C - 5 : 4 : 3    

    B) A and C - 4 : 3

    C) A and C - 5 : 4 

    D) A and C - 5 : 3

    Correct Answer: D

    Solution :

    [d] A and C - 5 : 3


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