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A and B share profits in the ratio of 3 : 2. They agreed to admit C on the condition that A will sacrifice 3/20th of his share of profit in favour of C and B will sacrifice 1/20th of his profits in favour of C. Calculate new profit sharing ratio.

[Ans. 51 : 38 : 11.]

Anurag Pathak Answered question August 20, 2024
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