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Solution:- Old Profit Sharing Ratio of A, B and C after making base equal. = 1/2 x 4/4 : 3/8 : 1/8 = 4/8 : 3/8 : 1/8 = 4 : 3 : 1 C retires discarding the C’s share,…

Solution:- Old Profit Sharing Ratio of A, B, C and D is 4 : 3 : 2 : 1. A and C retires After Discarding the shares of A and C 4 : 3 : 2 : 1 The new…

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