A, B, C and D are partners sharing their profits and losses equally. They change their profit sharing ratio to 2:2:1:1. How much will C sacrifice ?
A. 1/6
B. 1/12
C. 1/24
D. None of these
Answer:D
A, B, C and D are partners sharing their profits and losses equally. They change their profit sharing ratio to 2:2:1:1. How much will C sacrifice ?
A. 1/6 B. 1/12 C. 1/24 D. None of these