Accountancy, asked by noorirazvi092, 1 month ago

X, Y and Z are partners sharing profits and losses in the ratio of 5:32. Y retires and his share was taken by X and Z in the ratio of 1:2. Immediately after Y's retirement, W is admitted for 1/4th share of profit, 1/5th of which was given by X and the remaining share was taken equally from X and Z. Calculate new profit-sharing ratio after W's admission.​

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Answered by kaurcindrella4
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