(Old Partners sacrifion in a Particular Proportion).
X and Y are partners sharing profits and losses in the ratio of 7 : 5. They admit Z, a new partner, who acquires 1/12th from X and 1/6th from Y as his share.
Calculate new profit-sharing ratio and the sacrificing ratio.
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Explanation:
if we have to find Z's ratio then we have to add 1/12+1/6
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