Retirement of Partner - Calculating New ratio of remaining partners | Class XII Accounts CBSE

2015-07-10 4

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Calculating the New ratio of remaining partners
P, Q and R were partners in a firm and sharing profits and losses in the ratio of 1/3 , 4/9 , and 2/9 . Find new ratio of remaining partner if
(i)P retires, (ii) Q retires and (iii) R retires .