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Home › CBSE Class 12 (Commerce) › Accountancy › Accounting for Partnership Firms: Retirement and Death of a Partner › Naveen, Suresh, Tarun share 5:3:2. Suresh exits;…

Naveen, Suresh, Tarun share 5:3:2. Suresh exits; they take it 2:1. New ratio?

A7:3
B5:2
C3:2
D4:3
Answer & Solution
Correct answer: A. 7:3
Suresh's 3/10 splits as 2/10 and 1/10, so Naveen holds 5/10+2/10=7/10 and Tarun 2/10+1/10=3/10, giving 7:3.
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