Jeet, Bhagat, Yuvraj and Bharat are partners sharing profits in the ratio of 4 : 3 : 2 : 1. Jeet retires from the firm. Bharat is to take 1/3rd of Jeet’s share and Yuvraj is to take the balance. Bhagat’s share of profit is not to change. Calculate gaining ratio and new profit sharing ratio.

Anurag Pathak Changed status to publish March 3, 2024
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