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Mahesh, Naresh and Om were partners sharing profits in the ratio of 2 : 3 : 4. With effect from 1st April, 2023 they agreed to share profits in the ratio of 1 : 2 : 3. Calculate each partner’s gain or sacrifice due to change in ratio.

[Ans. Mahesh sacrifices and Om gains 1/18th share.]

Anurag Pathak Answered question June 27, 2024
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