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Aman, Naman and Neel were partners in a firm sharing profits in the ratio of 1 : 2 : 1. Neel retires and he surrenders 2/3rd of his share in favour of Aman and the remaining share in favour of Naman.

Calculate the new profit sharing ratio of Aman and Naman.

[Ans. New profit sharing Ratio = 5 : 7]

Anurag Pathak Answered question October 11, 2024
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