MCQOPTIONS
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| 1. |
A and B are partners sharing profits in the ratio of 7:3. X was admitted on 3/7 share in the profits, the new profit sharing ratio of the partners will be |
| A. | 0.587673611111111 |
| B. | 0.293784722222222 |
| C. | 7: 6: 7 |
| D. | 0.210451388888889 |
| Answer» B. 0.293784722222222 | |