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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
Question
What is sacrifice ratio?
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Answer

Sacrifice ratio is the ratio in which old partners give up a portion of their share in favor of a new partner.

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