A and B are partners sharing profits and losses in the ratio 4:3 they admit c into the firm for 1/7th share the new profit sharing ratio is 4:2:1 calculate sacrifice ratio
Answers
Answered by
0
Answer:
The sacrifice ratio is also 4:3
Answered by
0
Explanation:
old ratio= 4/7 : 3/7
new ratio = 4/7 : 2/7 : 1/7 a's =4/7_4/7 =4-4/7 =0/7 B's =3/7_2/7= 3-2/7 = 1/7 (sacrifice ratio = 1/7 )
Similar questions