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A, B, and C are partners sharing profits and losses in the ratio of 5 : 4 : 1. Calculate the new profit sharing ratio, sacrificing ratio, and gaining ratio in each of the following cases:

Case 1. As per new agreement, C acquires 1/5th share from A.

Case 2. As per new agreement, C acquires 1/5th share equally from A and B.

Case 3. As per new agreement, A, B, and C will share future profits and losses equally.

Case 4. As per new agreement, C acquires 1/10th share of A and 1/2 share of B.

Anurag Pathak Changed status to publish April 24, 2023
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