Sarthaks Test
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A and B are sharing profits and losses equally. With effect from 1st April, 2016, they agree to share profits in the ratio of 4:3. Calculate individual partner’s gain or sacrifice due to change in ratio.

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Old Ratio (A and B) = 1:1

New Ratio (A and B) =4:3

Sacrificing ( or Gaining) Ratio = old Ratio - New Ratio

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