Practicing Success
A, B & C are partners sharing profits and losses in the ratio of 3:2:1. B decides to retire and the goodwill of the firm is valued at ₹60000 on the retirement. The remaining partners decide to share the future profits and losses equally. |
How much gain C will get on the retirement of B? |
1/2 2/3 1/3 4/2 |
1/3 |
Old ratio 3:2:1 |