Tamil Nadu Board of Secondary EducationHSC Commerce Class 12th

Balaji and Kamalesh are partners sharing profits and losses in the ratio of 2 : 1. They admit Yogesh into partnership. The new profit sharing ratio between Balaji, Kamalesh and Yogesh is agreed to - Accountancy

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MCQ

Balaji and Kamalesh are partners sharing profits and losses in the ratio of 2 : 1. They admit Yogesh into partnership. The new profit sharing ratio between Balaji, Kamalesh and Yogesh is agreed to 3 : 1 : 1. Find the sacrificing ratio between Balaji and Kamalesh.

Options

  • 1 : 3

  • 3 : 1

  • 2 : 1

  • 1 : 2

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Solution

1 : 2

Concept: New Profit Sharing Ratio and Sacrificing Ratio
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APPEARS IN

Tamil Nadu Board Samacheer Kalvi Class 12th Accountancy Answers Guide
Chapter 5 Admission of a partner
Multiple Choice questions | Q I 10. | Page 172
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