A and B were partners in a firm sharing profits and losses in die ratio of 4: 3. They admitted C as a new partner. The new profit-sharing ratio between A, B and C was 3: 2: 2. A surrendered 1 / 4 of his share in favour of C. Calculate B*s sacrifice.(C.B.S.E 2017, Delhi)’ – Swamonk EduCare

A and B were partners in a firm sharing profits and losses in die ratio of 4: 3. They admitted C as a new partner. The new profit-sharing ratio between A, B and C was 3: 2: 2. A surrendered 1 / 4 of his share in favour of C. Calculate B*s sacrifice.(C.B.S.E 2017, Delhi)’

Post category:Accountancy
Reading time:1 mins read

SOLUTION

A and B were partners in a firm sharing profits and losses in die ratio of 4: 3.

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