CUET Preparation Today
Ram and Sam are partners in a firm sharing profits and losses in 3:2 ratio. They admit Ravi as a new partner for 1/8 share in the profits. The new profit sharing ratio between Ram and Sam is 4:3. What will be the sacrificing ratio of Ram and Sam? |
4:1 3:2 4:3 1:1 |
4:1 |
The correct answer is Option (1) → 4:1 |
