HomeTestsSearchRankProfile
easyMCQCUET Accountancy 2025 2 June Shift 22026CUET Accountancy
1 mark

A and B are partners in a firm sharing profits in the ratio of . They admit C as a partner for a share. The sacrificing ratio between A and B is:

  1. A
    3:2
  2. B
    1:1
  3. C
    2:3
  4. D
    3:1

Solution & Step-by-step Explanation

In the absence of any information regarding how the new partner acquires their profit share from the existing partners, it is assumed that the old partners sacrifice in their old profit-sharing ratio. Therefore, the sacrificing ratio between A and B matches their old ratio of .

Practice this question

Try it yourself before checking the explanation above.

A and B are partners in a firm sharing profits in the ratio of . They admit C as a partner for a share. The sacrificing ratio between A and B is:
A
3:2
B
1:1
C
2:3
D
3:1

Share This Question

Related Questions

Ready for a Full Test?

Practice with timed mock tests and track your performance across CUET Accountancy.

Discussion