X and Y are sharing profits and losses in the ratio of 3:2.Z is admitted with 1/5th share in profits of the firm which he gets entirely from X.Find ouf the new profit sharing ratio.
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Answered by
1
Answer:
2:2:1 is the new PSR
Explanation:
As Z takes his share entirely from X
=3/5-1/5
=2/5
Hence the new PSR is 2:2:1
Answered by
0
Answer: 2:2:1
Explanation:
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