Question:
A, B, and C are partners sharing profits in the ratio of 3:3:4. They decide to share future profits equally. The sacrifice or gain of partners are
A, B, and C are partners sharing profits in the ratio of 3:3:4. They decide to share future profits equally. The sacrifice or gain of partners are
Updated On: Oct 29, 2024
- A gains 1/30; B gains 1/30; C sacrifices 2/30
- A gains 2/30; B gains 1/30; C sacrifices 3/30
- A sacrifices 1/30; B gains 3/30; C sacrifices 2/30
- A gains 2/30; B gains 3/30; C sacrifices 5/30
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The Correct Option is D
Solution and Explanation
The new profit-sharing ratio is 1:1:1 (equal sharing), and based on the previous ratio of 3:3:4, C sacrifices the most.
Hence, the correct answer is Option 4.
Hence, the correct answer is Option 4.
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