Home › CBSE Class 12 (Commerce) › Accountancy › Accounting for Partnership Firms: Change in Profit-Sharing Ratio and Admission of a Partner › A, B and C share 8:5:3 and move to 5:6:5. A's lo…
A, B and C share 8:5:3 and move to 5:6:5. A's loss of profit share is?
A5/16
B1/16
C2/16
D3/16
Answer & Solution
Correct answer: D. 3/16
A falls from 8/16 to 5/16, a loss of 3/16.
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