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Home › CBSE Class 12 (Commerce) › Accountancy › Accounting for Partnership Firms: Change in Profit-Sharing Ratio and Admission of a Partner › Two equal partners admit C and the ratio becomes…

Two equal partners admit C and the ratio becomes 2:1:2. Their sacrificing ratio?

A2:1
B3:1
C1:3
D1:1
Answer & Solution
Correct answer: C. 1:3
First gives up 1/2 minus 2/5 = 1/10 and second gives up 1/2 minus 1/5 = 3/10.
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