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Question

A and B were partners in firm sharing profits and losses in the ratio of 5:3. They admitted C as a new partner. The new profit sharing ratio between A,B and C was 3:2:3. A surrendered 15th of his share in favour of C. Calculate Bs sacrifice.

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Solution

Bs share of sacrifice is calculated below.
Bs Sacrifice = Old share New share
=3828=18

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