A and B are partners in a firm sharing profits in the ratio of 7 : 5. They admit C as a new partner for…
A's sacrifice is \(\frac{7}{12}-\frac{5}{9}\) \(=\frac{1}{36}\), and B's sacrifice is \(\frac{5}{12}-\frac{3}{9}\) \(=\frac{3}{36}\). Their sacrificing ratio is therefore…
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A and B are partners in a firm sharing profits in the ratio of 7 : 5. They admit C as a new partner for 1/9th share in the profit. The new profit sharing ratio is 5 : 3 : 1. The sacrificing ratio of A and B will be :
Answer and explanation
Correct answer A
A's sacrifice is , and B's sacrifice is . Their sacrificing ratio is therefore .
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Madhya Pradesh SET (MP SET)