2. Shiv and Mohan are sharing profits and losses in the ratio of 5:3. They admit Jea as a partner and give him 3/10th share of the profits. This share he will get 1/5th from Shiv and 1/10th from Mohan The new profit-sharing ratio will be?
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His share is divided between shiv and had equally i,e in the ratio of 1:1 New Profit share = old profit share + share taken from Mohan Since, no information is given as to how Q and R and R are acquiring p's profit share after his retiremtnt ,therefore the New Q and R is calculated just crossing out p's share .that is new ratio becomes 4:1 New profit ratio (Q and R) = 5/10Read more on Sarthaks.com - https://www.sarthaks.com/109468/from-the-following-particulars-calculate-new-profit-sharing-ratio-of-the-partners-a-shiv
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