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A andB are partners in a …

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A andB are partners in a firm sharing profit and loss in the ratio of 5:3, they admitted C as a new partner the new profit ratio between A B and C was 3:2:3 .A surrendered 1/5th of his share in favour of C . calculate B's sacrifice.

    • Posted by Ritika Sahani 8 years, 3 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Nisha Deshwal 8 years, 3 months ago

    Old -new = sacrifice ( 3/8-2/8=1/8)=B's sacrifice

    1Thank You

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