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What is the sacrifice ratio? - Book Keeping and Accountancy

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प्रश्न

What is the sacrifice ratio?

लघु उत्तरीय
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उत्तर

Sacrifice ratio is the ratio in which the old partners give up (sacrifice) their share of profit in favour of a new partner at the time of admission.

It is calculated as:

Sacrifice ratio = Old share − New share (for each old partner).

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अध्याय 3: Reconstitution of Partnership (Admission of Partner) - Exercise 3.1 (Objective Type Questions) [पृष्ठ १६०]

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बालभारती Book-Keeping and Accountancy [English] Standard 12 Maharashtra State Board
अध्याय 3 Reconstitution of Partnership (Admission of Partner)
Exercise 3.1 (Objective Type Questions) | Q 1. (F) 4. | पृष्ठ १६०
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