Pranav, Karan, and Rahim are partners sharing profits and losses in an agreed ratio With effect from 1st April 2023, they agreed to share profit in the ratio of 3 : 3 : 4. To arrive at the new ratio, Rahim takes 1/5th share equally from Pranav and Karan. Calculate the old profit-sharing ratio.

[Ans.: Old Ratio – 2 : 2 : 1.]

Anurag Pathak Changed status to publish March 29, 2024
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