A, B & C are partners sharing profits in the ratio of 5:4:1. Their capital accounts showing balance of ₹300000, ₹150000, ₹150000 respectively. It is decided between partners that they will share future profits equally. Firm has the following information- |
Calculate the gain of partner C. |
1/30 2/30 5/30 7/30 |
7/30 |
Old ratio is 5:4:1 |