A and B were partners in a firm sharing profits and losses in the ratio of 4 : 3. They admitted C as a new partner. The new profit sharing ratio between A, B and C was 3 : 2 : 2. A surrendered ¼ of his share in favour of C. Calculate B’s Sacrifice.
Marks-1, CBSE:2016-17/Main-DL/Q-2
Answer :
Chapter-04-Partnership-Admission-Q 42