Q1004
A and B are partners in a firm sharing profit and loss in the ratio of 3 : 2. They admit C into a partnership for 1/8^ th share, and the new ratio between A and B is 4 : 3. The sacrificing ratio is
A and B are partners in a firm sharing profit and loss in the ratio of 3 : 2. They admit C into a partnership for share, and the new ratio between A and B is 4 : 3. The sacrificing ratio is
A.
1 : 1
B.
2 : 1
C.
4 : 1
AnswerD.
2 : 3
Answer: Option C
Solution
Answer: Option C
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