a b and c are partners sharing profit and loss in the ratio of 2/6 ,1/2, and 1/6,a retires and surrender 2/3 of his share in favour of B and remaining in favour of c calculate new ratio and gaining ratio
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Explanation:
a= 1/2 + 2/3 = 3/6 + 4/6 = 7/6 in the favour of B .c = 1/6
new ratio is 7/6 , 1/6
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