(v) Jia, Tia, Sia and Bashir are partners sharing profits in the ratio of 3:3:2:1. Tia retires from the firm.
Bashir retains his original share in the reconstituted firm.
Jia takes over 2/3 of Tia’s share and the balance is taken up by Sia.
What is the new profit-sharing ratio of the remaining partners in the reconstituted firm?
Solution
,,