Bittu and Chintu were partners in a firm sharing profit and losses in the ratio of 4 : 3. Their Balance Sheet as at 31st March, 2024 was as follows:
On 1st April, 2024, Diya was admitted in the firm for \( \frac{1}{7} \)th share in the profits on the following terms:
Prepare Revaluation Account and Partners' Capital Accounts.
The theorem states that for a curve f(x) passing through two given points (a, f(a)), (b, f(b)), there is at least one point (c, f(c)) on the curve where the tangent is parallel to the secant passing via the two given points is the mean value theorem.
The mean value theorem is derived herein calculus for a function f(x): [a, b] → R, such that the function is continuous and differentiable across an interval.