A, B and C were partners sharing profits in the ratio of 4 : 3 : 2. B retires from the firm. Calculate the new ratio, if
A, B and C were partners sharing profits in the ratio of 4 : 3 : 2. B retires from the firm. Calculate the new ratio, if
(i) B’s share was taken up by A and C in the ratio of 2 : 1.
(ii) B’s share was taken up by A and C equally.
(iii) B’s share was taken up by A onlyu.
[Ans. (i) 2 : 1; (ii) 11 : 7; (iii) 7 : 2]
Anurag Pathak Answered question 2 days ago