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If Tanmay and Manthan change their profit and loss sharing ratio from 3 : 2 to
Accountancy
Reconstruction of Partnership
Question
Updated
19 Aug 2026
If Tanmay and Manthan change their profit and loss sharing ratio from 3 : 2 to 2 : 1 then
A
Choose Your Answer
A
Tanmay’s gain and Manthan has to sacrifice
B
Both has to sacrifice
C
Tanmay has to sacrifice and Manthan has gain
D
Both get gain
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