Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Reconstitution of Partnership Firm: Retirement and Death

Question:

Kumar, Lakshya, Manoj and Naresh are partners sharing profits in the ratio of 3 : 2 : 1 : 4. Kumar retires and his share is acquired by Lakshya and Manoj in the ratio of 3 : 2. The gaining ratio of the remaining partners is ......?

Options:

3 : 2 : 1

3 : 2 : 0

2 : 3 : 0

3 : 4 : 1

Correct Answer:

3 : 2 : 0

Explanation:

The correct answer is Option (2) → 3 : 2 : 0