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P' and 'Q' are partners sharing profits in the ratio of...

This question belongs to Commerce Accounting
Accounting
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'P' and 'Q' are partners, sharing profits in the ratio of 8 : 5 respectively. On 1st April 2016, they admitted R into partnership. The new profit sharing ratio among P, Q and R is fixed as 6 : 4 : 3 respectively. The sacrifice ratio of 'P' will be

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Correct Answer: Option A
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