+2 votes
in Class 12 by kratos

A, B and C are partners in a firm, sharing profits in the ratio of 3 : 2 : 1. D is admitted as a new partner. D acquires 1/4 of his share from C and A surrenders 3/10 of his share and B surrenders 1/10 of his share for D’* share. Calculate new profit sharing ratio and sacrificing ratio.

1 Answer

+4 votes
by kratos
 
Best answer

So, new profit sharing Ratio is = 63:54:19:44

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