The proportion in which old partners make a sacrifice is called ______ratio. - Book Keeping and Accountancy

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The proportion in which old partners make a sacrifice is called ___________ ratio.

(a) capital
(b) gaining
(c) sacrifice
(d) new
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Solution

(c) sacrifice

Concept: Admission of a Partner - Sacrifice Ratio and New Ratio
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2015-2016 (March)

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