MCQOPTIONS
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| 1. |
X and Y are partners. Their profit sharingratio is 5:3. They admitted a partner Z for5/1th share and contribute equally by the oldpartners, then new profit sharing ratio is __ |
| A. | 0.838993055555556 |
| B. | 0.920208333333333 |
| C. | 0.882731481481482 |
| D. | 0.210439814814815 |
| Answer» D. 0.210439814814815 | |