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Ramu, Somu and Gopu are partners sharing profits in the ratio of 3:5:7

Ramu, Somu and Gopu are partners sharing profits in the ratio of 3:5:7 Question 9. Gopu retires and the share is purchased by Ramu and Somu in the ratio of 3:1. Find the new profit sharing ratio and gaining ratio. Answer: Manju retired from the partnership firm on subject to the following adjustments: (i) Stock… Continue reading Ramu, Somu and Gopu are partners sharing profits in the ratio of 3:5:7

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