Question

A, B, C are partners sharing profits in 7 : 3 : 2 C retires and his share was purchased by A and B by giving him (C) ₹ 10,000 each from their Capital A/cs. What will be the new profit-sharing ratio of A and B?

Options

• 2 : 1

• 7 : 3

• 1 : 1

• 3 : 1

Answer 1

2 : 1