English

A, B and C are partners sharing profits in the ratio of 1/4 : 3/10 : 9/20. The New ratio on the retirement of C will be ______.

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Question

A, B and C are partners sharing profits in the ratio of 1/4 : 3/10 : 9/20. The New ratio on the retirement of C will be ______.

Options

  • 6 : 5

  • 5 : 6

  • 4 : 3

  • 4 : 10

MCQ
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Solution

A, B and C are partners sharing profits in the ratio of 1/4 : 3/10 : 9/20. The New ratio on the retirement of C will be 5 : 6.

Explanation:

A : B : C = 1/4 : 3/10 : 9/20

On C's retirement, A and B continue in their existing ratio:

`A : B = 1/4 : 3/10`

Multiplying by 20:

5 : 6

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Chapter 4: Retirement or Death of a Partner - OBJECTIVE TYPE QUESTIONS [Page 4.165]

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D. K. Goel Accountancy Part A Volume 1 and 2 [English] Class 12
Chapter 4 Retirement or Death of a Partner
OBJECTIVE TYPE QUESTIONS | Q (E) 14. | Page 4.165
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