Q 3 L and M are partners in a firm sharing profits in the ratio of 7:3, N is admitted as partner for 3/7th share
which he takes from Land M in 2:1. The new profit sharing ratio will be
(a) 27:13:30 (b) 7:3:3
(C) 29:11:30
1
(d) None of these
without partnershin deed how much interest on
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Answer:
a
Explanation:
because this is right a, 27.
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