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RP
Question Practice

If one partner leaves and the remaining partners share his profit equally, what does this signify about their total profit sharing?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - I
Reconstitution of a Partnershi...
Question Bank

If one partner leaves and the ...

Single Answer MCQ
Q-00082228

If one partner leaves and the remaining partners share his profit equally, what does this signify about their total profit sharing?

1

They will lose profits

2

The new ratio will be unequally divided

3

They mutually agree to share in a new way

4

Their income will decrease

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