If the partners mutually don't agree the profit sharing ratio, then they share profits ___________.

in agreed ratio

No worries! We‘ve got your back. Try BYJU‘S free classes today!

equally

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

both of them

No worries! We‘ve got your back. Try BYJU‘S free classes today!

none of the above

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B
equally

If the partners mutually don't agree the profit sharing ratio, then they share profits equally.

Suggest Corrections

Similar questions

If the partners mutually agree with the profit sharing ratio, then they share profits ___________.

Q. If the partners mutually agree with the profit sharing ratio, then they share profits .

Q. If the partners mutually don't agree the profit sharing ratio, then they share profits .

A and B are partners sharing profits in the ratio of 5:3. They admit C and the new profit sharing ratio is agreed at 4:2:1.The sacrificing ratio will be:

Q. Ram and Rahim are partners in a firm sharing profits in the ratio of 5 : 3. They admit Ilias and the new profit sharing ratio is agreed to at 4 : 2 : 1. The sacrificing ratio will be:

Join BYJU'S Learning Program

If the partners mutually don't agree the profit sharing ratio, then they share profits ___________.

The correct option is B equally If the partners mutually don't agree the profit sharing ratio, then they share profits equally.

The correct option is B
equally

If the partners mutually don't agree the profit sharing ratio, then they share profits equally.