A, B and C are partner's sharing profits and losses in the ratio of .If A dies, then the new ratio of B and C will be :
- A
- B
- C
- D
Solution & Step-by-step Explanation
The existing profit sharing ratio of A, B, and C is .To equate the denominators, write as .So, the ratio becomes .If A dies, we strike out A's share (). The remaining ratio between B and C becomes .