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A and B share profits in (7:5). C takes (1/4) share. C takes (1/6) from A and the balance from B. What is the sacrificing ratio?

Answer and explanation

Correct answer: (2:1)

C's total share is (1/4) and (1/6) is taken from A. B's sacrifice is (1/4-1/6=1/12) so the ratio is (1/6:1/12=2:1).

Related tags

Sacrificing RatioShare TakenNumericalGoodwill AccountingReconstitution Admission Of A PartnerAccountancyClass 12 Mcq

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