Practicing Success
A, B & C are partners in a partnership firm sharing profits and losses in the ratio of 4:3:2. B decides to retire from the firm. Calculate the new profit sharing between the remaining partners in the following conditions- |
If B gives his share to A & C in the original ratio of A & C: |
1:2 2:1 3:1 4:1 |
2:1 |
B share= 3/9 |