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A and B are partners in …

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A and B are partners in a firm sharing profits in the ratio of 3 : 2. They decided to share future profits equally. Calculate A’s gain or sacrifice.

    • Posted by Varun Ff Gaming 3 years, 3 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Ansh Prasad 3 years, 3 months ago

    A old share= 3/5 B old share=2/5 Future profit of A= 1/2 Future profit of B= 1/2 Scarificing ratio=Old ratio -New Ratio 3/5-1/2 =1/10 (A Sacrifices) 2/5-1/2 =-1/10 (B Gain) I hope it will help you?

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