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 ratio of 4:2. |
1:2 2:1 3:1 4:1 |
2:1 |
The correct answer is option 2- 2:1. B share = 3/9 A new share = 2/9 + 4/9 So, new ratio is 6/9 :3/9 or 6:3 i.e. 2:1 |