A and B are two partners sharing profit and losses as 3:2 . They admit C as a new partner for 1/5 share of the future profit which he has acquired equally from A and B in the ratio of 2:1 calculate new profit sharing ratio and a sacrificing ratio .

Class 12 Question

Ræjû Bhæï answered 3 weeks ago
THE NEW PROFIT SHARING RATIO OF A & B = 7 : 5.
THE SACRIFICE RATIO OF A & B = 2 : 1.

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