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A and B are partners in a firm sharing profits and losses in the ratio of 5 : 3. They admit C and D as new partners. A sacrifices 1/2 of his share in favour of C and B sacrifices 1/4 from his share in favour of D

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Anurag Pathak27.13K August 21, 2024 0 Comments

A and B are partners in a firm sharing profits and losses in the ratio of 5 : 3. They admit C and D as new partners. A sacrifices 1/2 of his share in favour of C and B sacrifices 1/4 from his share in favour of D. Calculate their new profit sharing ratio.

[Ans. New Ratio 5 : 2 : 5 : 4]

Anurag Pathak Answered question August 21, 2024

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Anurag Pathak27.13K Posted August 21, 2024 0 Comments

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Anurag Pathak Answered question August 21, 2024

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Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

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A and B are partners in a firm sharing profits and losses in the ratio of 5 : 3. They admit C and D as new partners. A sacrifices 1/2 of his share in favour of C and B sacrifices 1/4 from his share in favour of D

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

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