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P1 C4 RECUSTRUCTION OF PARTNERSHIP — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountP1 C4 RECUSTRUCTION OF PARTNERSHIP1 Mark
MCQ
At the time of reconstruction, partners gain means $.......$
  • ✓
    Old ratio of profit is less than new profit ratio
  • B
    Old ratio of profit is more than new profit ratio
  • C
    New ratio of profit is less than old profit ratio
  • D
    New ratio of profit is equal to old ratio of profit
✓

Answer

Correct option: A.
Old ratio of profit is less than new profit ratio

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