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Given :-
- A, B, C were partners in a firm sharing profits in 3 : 3 : 2 ratio.
- They admitted D as a new partner for 4/7 profit.
- D acquires his share 2/7 from A.
- 1/7 from B and 1/7 from C.
To Find :-
- What is the new profit sharing ratio.
Solution :-
❒ In case of Old Ratio :
Hence, the old ratio of A, B and C were :
➲ Old Ratio Of A :
➲ Old Ratio Of B :
➲ Old Ratio Of C :
Now,
They admitted D as a new partner for 4/7 profit.
Hence, D's share will be :
Now, we have to find the new ratio of A, B and C :
As we know that :
New Ratio Formula :
Hence, new ratio of A, B and C were :
▣ New Ratio Of A :
▣ New Ratio Of B :
▣ New Ratio Of C :
Now, we have to find the new profit sharing ratio of A, B, C and D :
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