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 whole share to A only: |
2:3 3:2 2:7 7:2 |
7:2 |
B share= 3/9 |