Question

) A, B and C were in partnership sharing profits in the ratio of 4 : 3 : 1. The partners agreed to share

future profits in the ratio of 5 : 4 : 3. Calculate each partner’s gain or sacrifice due to change in ratio.​

Answer 1

Explanation:

Sacrifice ratio = OPSR-NPSR

Where-OPSR Old profit sharing ratio

NPSR New profit sharing ratio

A = 4/9-5/12

$\frac{16}{36} - \frac{15}{36} \\ \frac{11}{36}$

B = 3/9-4/12

$\frac{12}{36} - \frac{12}{36} \frac{0}{36}$

C = 1/9-3/12

$\frac{4}{36} - \frac{9}{36} \frac{ - 5}{36}$

Answer 2

Answer:

A sacrifice 2/24 , B sacrifice 1/24 &C gains 3 /24

Explanation:

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