L, M and O were partners in a firm sharing profits in the ratio of 3 : 2 : 2. M retired and his share was divided equally between L and O
L, M and O were partners in a firm sharing profits in the ratio of 3 : 2 : 2. M retired and his share was divided equally between L and O. Calculate the new profit sharing ratio of L and O.
[Ans. 4 : 3]
Anurag Pathak Answered question October 11, 2024