A, B and C are partners sharing profits in the ratio of 2:3:1. B retries, then new profit sharing ratio between A and C will be
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → 2:1
When nothing is said about how the continuing partners take over the retiring partner’s share, they take it in their own old ratio. A and C therefore go on sharing in the ratio of 2:1.
Old shares: A = 2/6, C = 1/6
New ratio A : C = 2/6 : 1/6 = 2 : 1
NCERT (2026-27 edition):
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