CUET Preparation Today
| At the time of admission of partners, it is presumed that the new partner acquires his share in profits from the old partners in which ratio in the absence of any additional information? |
Old ratio New ratio Gaining ratio None of these |
| Old ratio |
| In the absence of any agreement, it is presumed that the new partner acquires his share in profits from the old partners in the Old ratio of partners. |
