Pradeep and Sandeep are partners sharing profits and losses in the ratio of 5:3. They admit Pramod into the partnership and offer him 1/6th of the share which he acquired in the ratio of 3:1 from the old partners. Calculate the new profit sharing ratio.
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Pradeep and Sandeep are partners sharing profits and losses in the ratio of 5:3. They admit Pramod into the partnership and offer him 1/6th of the share which he acquired in the ratio of 3:1 from the old partners. Calculate the new profit sharing ratio.
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