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A and B are partners sharing profits in the ratio of 3 : 2. C is admitted for 1/5th share of profits out of which half share was gifted by A and the remaining share was taken by C equally from A and B. Calculate new profits sharing ratio.

[Ans New Ratio 9 : 7 : 4]

Anurag Pathak Answered question August 20, 2024
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