A, Band Care three partners sharing profits and losses in the ratio of 4:3:2. D is admitted for 1/10 share

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A, Band Care three partners sharing profits and losses in the ratio of 4:3:2. D is admitted for 1/10 share

by Doubtly (98.9k points) in Accountancy asked Jul 21, 2022 336 views

edited Jun 29, 2023

A, Band Care three partners sharing profits and losses in the ratio of 4:3:2. D is admitted for 1/10 share, the new ratio will be :

(a) 10 : 7 : 7 :4
(b) 5 : 3 : 2 : 1
(c) 4 : 3 : 2 : 1
(d) None of these

1 Answer

Doubtly · Answer 1 · 2022-07-21T08:57:39+0000

by Doubtly (98.9k points) answered Jul 21, 2022

edited Jun 29, 2023

(c) 4 : 3 : 2 : 1

A, Band Care three partners sharing profits and losses in the ratio of 4:3:2. D is admitted for 1/10 share

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