Om and Shyam are sharing profits and losses equally.

With effect from 1st April 2023, they agree to share profits in the ratio of 4 : 3.

Calculate the individual partner’s gain or sacrifice due to the change in ratio.

[Ans.: Om gains and Shyam sacrifices 1/14th share]

Anurag Pathak Changed status to publish April 20, 2023
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