A and B are partners sharing profits and losses in the ratio of 5:4 C is admitted for 1/5th - Accountancy - Reconstitution- Admission of a Partner

Question

A and B are partners sharing profits and losses in the ratio
of 5:4 C is admitted for 1/5th share A
and B decided to share equally in future Sacrificing ratio
will be ?

Dhvani Sharma · Accepted Answer

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A and B are partners sharing profits and losses in the ratio of 5:4. C is admitted for 1/5th share . A and B decided to share equally in future. Sacrificing ratio will be ?