(When Old and New Profit-sharing Ratios are given). A, B and C are partners in a firm sh
Channel: Doubtnut
Date: 29/03/2020

(When Old and New Profit-sharing Ratios are given). A, B and C are partners in a firm sharing profits and losses in the ratio of 6 : 3 : 1. They admit D into partnership with effect from April 1, 2019. New profit-sharing ratio among A, B, C and D will be 3 : 3 : 3 :1. Determine the sacrificing ratio.