Question

De new profit sharing ratio and
(Ans: - New ratio= 3:2:1; Sacrificing ratio= 3:1)
sacrincing ratio.
17 J(New Profit Sharing Ratio/Sacrificing Ratio) A and B are partners sharing profits in
the ratio of 4:3. C is admitted for 1/5th share. A and B decided to share equally in future
Calculate the new ratio and sacrificing ratio.​

Answer 1

Explanation:

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