First of all a million Thanks to Mr. Faiz Ahmed for answering all my questions.....
The textbook answer of this question is (a).....but i'm not getting it......please explain....
rat65 (IPCC student) (87 Points)
24 April 2010First of all a million Thanks to Mr. Faiz Ahmed for answering all my questions.....
The textbook answer of this question is (a).....but i'm not getting it......please explain....
ViveK
(.)
(312 Points)
Replied 24 April 2010
Acc to answers it seems that 5:3 is the new ratio not the sacrificing ratio
so calculate acc to that
You are welcome!!.. It was my pleasure to solve your problems...
In the above two problems, there is an error in question as rightly said by Mr. Vivek... kindly make change in the question as " If A & C new profit sharing ratio is 5:3"
In 1st question calculate gaining ratio?
Rest all the lines of both the questions are same....
Now if u solve , u will get your textbook answer....
Gaining ratio will be 13:11 ... Its simple calculation. just take into consideration the rectification in the question....
Thank you..
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