Question

Reena and Raman are partners in a firm sharing profits in the ratio of 4 : 3. They admitted Roma as a new partner. The new profit sharing ratio between Reena, Raman and Roma was 3: 2: 2. Raman surrendered `1/3rd `of his share in favour of Roma. Calculate Reena's sacrifice.

Answer 1

eena’s share of sacrifice is calculated below. 

Reena,s Sacrifice= Old Share -New Share 

=`4/7-3/7=1/7`