Practicing Success
A, B, C & D are partners sharing profits in the ratio of 2:1:2:1. C retires from the firm and the remaining partners decide to share future profits equally. What will be the gaining ratio? |
2:1:0 3:1:0 0:1:1 2:1:0 |
0:1:1 |
Old ratio= 2:1:2:1 |