Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Accounting and Auditing Basic accounting principles Partnership Accounts
X and Y sharing profits in the ratio of 7 : 3, admit Z for 3/7 share in the new firm in which he takes 2/7 from X and 1/7 from Y. The new ratio of X, Y and Z will be :
1
7 : 3 : 3
2
4 : 2 : 3
3
14 : 6 : 15
4
29 : 11 : 30