A, B and C are the partners sharing profits and losses in the ratio of 2: 2:1. They changed the ratio to 3: 4: 5. They had workmen’s compensation fund. How it will be distributed on the change of ratio?

A, B and C are the partners sharing profits and losses in the ratio of

1.	A, B and C are the partners sharing profits and losses in the ratio of 2: 2:1. They changed the ratio to 3: 4: 5. They had workmen’s compensation fund. How it will be distributed on the change of ratio?
A.	Capital Ratio
B.	Old profit sharing ratio
C.	New profit sharing ratio
D.	Not at all distributed
Answer» C. New profit sharing ratio

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A, B and C are the partners sharing profits and losses in the ratio of 2: 2:1. They changed the ratio to 3: 4: 5. They had workmen&rsquo;s compensation fund. How it will be distributed on the change of ratio?

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A, B and C are the partners sharing profits and losses in the ratio of 2: 2:1. They changed the ratio to 3: 4: 5. They had workmen’s compensation fund. How it will be distributed on the change of ratio?