Question 26 of 35
Q.A, B and C are partners sharing profits in the ratio of 4 : 2 : 3. C retires. The new profit sharing ratio between A and B will be :
(a) 3 : 4
(b) 2 : 1
(c) 4 : 3
(d) 1 : 2
Puducherry TnboardTamil Nadu HSC (DGE) Commerce Board 2025MCQ· 1mImportance★★★★★
74% · 26/35 Questions
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Start your 14-day free trial to unlock the full solution →After C retires, A and B share profits in the ratio 2 : 1.
A, B and C shared profits 4 : 2 : 3. On C's retirement, unless a new ratio is agreed, the continuing partners simply retain the ratio that existed between themselves (Retirement and Death of a Partner, TN HSC Commerce).
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