A and B are partners sharing profit and losses in the ratio of 5 : 3 on admission C brings Rs. 70,000 cash and Rs. 48,000 against goodwill. New profit sharing Ratio between A, B and C are 7 : 5 : 4. Find the sacrificing ratio between A : B: a) 3 : 1 b) 4 : 7 c) 5 : 4 d) 2 : 1
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ans - a)3:1
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