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A, B and C are the partner sharing profi...

A, B and C are the partner sharing profits in the ratio `3 : 2 : 1` , C retires . What will be the new profit - sharing ratio?

A

`1 :3 `

B

`3 : 2`

C

`1 :1`

D

None of these.

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Verified by Experts

The correct Answer is:
b
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TS GREWAL-MCQ-Multiple Choice Questions (MCQs)
  1. Gaining Ratio is

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  2. A, B and C are partner sharing profits in the ratio 4 : 5 : 3 , C ret...

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  3. A, B and C are the partner sharing profits in the ratio 3 : 2 : 1 , C ...

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  4. A,B and C are the partners sharing profits in the ratio 3 : 2 : 1, C ...

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  5. A,B and C are the partners sharing profits in the ratio 3 : 2 : 1,C r...

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  6. A,B and C are three partners in the firm , sharing in the ratio 2 : 2 ...

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  7. A, B and C are partners, Sharing profits and losses in 3 : 2 : 1 , B...

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  8. A, B and C are partners, B retires from the firm , on the date of his ...

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  9. A, B and C are three partner , B retires from the firm , on the date ...

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  10. Claim of the retiring partner is payable in the following form :

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  11. A, B and C are partners sharing profit and losses in the ratio of 2 ...

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  12. A, B and C are partners in the firm , sharing profits in the ratio of ...

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  13. X,Y and Z are partners , Sharing profits in the ratio of 2 : 2 : 1 , Y...

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  14. Retiring partner is compensated by the continuing partners in their

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  15. Accumulated profits on the retirement of a partner are

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  16. Partner 's Capital Account is debited

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  17. At the time of retirement of a partner , gain (profit) on revaluation ...

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  18. As per Section 37 of the Indian Partnership Act , 1932 , the executors...

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  19. Which of the following is not the mode of dissolution of the firm?

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  20. Premium on issued of shares can be used for

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