Advertisements
Advertisements
Question
A, B and C are partners sharing profits in the ratio of 6 : 5 : 4. Calculate new profit sharing ratios if B retires.
Numerical
Advertisements
Solution
If B Retires
Old ratio of A : C = 6 : 4
Simplifying:
6 : 4 = 3 : 2
New profit-sharing ratio = 3 : 2
shaalaa.com
Is there an error in this question or solution?
Chapter 4: Retirement or Death of a Partner - PRACTICAL QUESTIONS [Page 4.102]
