Accountancy, asked by rd737555, 1 month ago

A and B are partners sharing profit and losses is in ratio 3:2 A Sacrify 1/4 and B gaining 1/4 calculate new ratio

Answers

Answered by gemneelam81

1

Explanation:

since A is sacrificing 1/4th share and B is gaining 1/4th share, so 1/4 will be deducted from A's old share and 1/4 will added in B's old share

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