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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
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