A and B were partners in a firm sharing profits and losses in the ratio of 5: 3. They admitted C as a new partner. The new profit-sharing ratio between A, B and C was 3: 2: 3. A surrendered 2 / 5th of his share in favour of C. Calculate B’ s sacrifice.

SOLUTION

B’ s sacrifice = 3 / 8 – 2 / 8 = 1 / 8







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