A,B, C are partners sharing profits in the ratio of
8.7:5 D is admitted as a new partner for 1/4
Share . B sacrifices 1/10th from his share in
favour of D and the remaining
sacrific was made
by A and C in the ratio 2:1 calculate sacrificing
ratio a new profit Sharing ratio.
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X purchased machinery under hire purchase agreement from the cash price of the machinery was rs15500 the payment was to be made as follows on signinig the agreement 3000 first year end 5000 second year end 5000 third year end 5000 calculate the interest for each year
Explanation:
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