A , B and C are partners sharing profits in the ratio of 3 : 3 : 4 . They decide to share the future profits equally. The sacrifice or gain of partner - Accountancy MCQ CUET UG 2024 Accountancy Question Paper (17-May-2024) (Shift 3) 2026 | ExamTest.live

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A, B and C are partners sharing profits in the ratio of 3 : 3 : 4 . They decide to share the future profits equally. The sacrifice or gain of partners are:

Solution & Step-by-step Explanation

Formula: Share Sacrificed/Gained = Old Share - New Share Old Ratio: A : B : C = \frac{3}{10} : \frac{3}{10} : \frac{4}{10} New Ratio: A : B : C = \frac{1}{3} : \frac{1}{3} : \frac{1}{3} Evaluating calculations for each partner:Partner A: Sacrifice = \frac{3}{10} - \frac{1}{3} = \frac{9 - 10}{30} = - \frac{1}{30} (Gain of \frac{1}{30}) Partner B: Sacrifice = \frac{3}{10} - \frac{1}{3} = \frac{9 - 10}{30} = - \frac{1}{30} (Gain of \frac{1}{30}) Partner C: Sacrifice = \frac{4}{10} - \frac{1}{3} = \frac{12 - 10}{30} = \frac{2}{30} (Sacrifice of \frac{2}{30}) Hence, A gains \frac{1}{30}, B gains \frac{1}{30}, and C sacrifices \frac{2}{30} .

Try it yourself before checking the explanation above.

A, B and C are partners sharing profits in the ratio of 3 : 3 : 4 . They decide to share the future profits equally. The sacrifice or gain of partners are:

A gains 1/30; B gains 1/30; C sacrifices 2/30

A gains 2/30; B gains 1/30; C sacrifices 3/30

A sacrifices 1/30; B gains 3/30; C sacrifices 2/30

A gains 2/30; B gains 3/30; C sacrifices 5/30

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