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A & B are the partners sharing profit and losses in the ratio of 3:2. C is admitted in the firm for 1/4th Share. Find Sacrifice ratio. |
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Answer» In this case Sacrifice ratio is : 3:2 ( i.e the old ratio) Explanation: Since nothing is mentioned, the how C has received ratio from the old partners, therefore, it is assumed that the old partners have made sacrifice in old ratio. |
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