X Y and Z are partners sharing profits in the ratio of 5 : 3 : 2 if Z retire the new profit sharing ratio between X and Y will be ________
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5
Answer:
There are no conditions for new ratio mentioned in the question.
So the new ratio will be deemed to be 5:2.
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X,Y and Z are partner sharing profits in the ratio of 5:3:2. If Y retires then the new ratio will be______.
There are no conditions for new ratio mentioned in the question.
So the new ratio will be deemed to be 5:2.
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