Ankit and Basant are partners in a firm sharing profit and losses in the ratio of 3:2 Govind is admitted in the firm for 1/5th share in profit . Govind gets it from Ankit and Basant in the ratio of 2:3. Calculate the new profit and loss sharing ratio of the partners
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Answer:
13:7:5
Explanation:
Ankit : Basant : Govind
13/25: 7/25 : 5 /25
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