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A, B and C are partners in a firm sharing profits in 4 : 3 : 3 ratio. They decided to admit their manager D into partnership. A surrendered 1/4 of his share in favour of D; B surrendered 1/5 of his share in favour of D and C surrendered 1/6 of his share in favour of D. Calculate new profit sharing ratio.

[Ans. 30 : 24 : 25 : 21]

Anurag Pathak Answered question August 20, 2024
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