Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Reconstitution of Partnership Firm: Retirement and Death

Question:

A, B and C are partners sharing profits in the ratio of 3 : 2 : 1. A retires and his share is taken up by B and C in the ratio of 3 : 2. Calculate the new profit sharing ratio.

Options:

21:10

19:11

18:12

15:12

Correct Answer:

19:11

Explanation:

The correct answer is Option (2) → 19:11