8. Gaurav and Ishan are partners sharing profits and losses in the ratio of 5 : 3. They agreed to
admit Prakhar into partnership. Find the new profit sharing ratio if they give him the following
share of profit :
1) 1/4
2) 1/5
3) 1/6
4) 1/10
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Answer:
1) 1/4 is the answer for this sum
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