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financial accounting special accounting areas iii| unit 1 partnership final accounts based on adjustment of admission or retirement death of a partner during the year MCQs
Difficulty: Hard
Question 1/4
Question 1
A, B and C are partners sharing profits in the ratio of 5 : 2 : 1. If the new ratio on the retirement of A is 3 :2, what will be the gaining ratio?
0.59097222222222
0.085416666666667
0.12638888888889
0.46805555555556