Advanced Placement (AP), 06.12.2021 14:00 andres2865
A and B are partners in a firm sharing profits and losses in the ratio of 1:1 . C is admitted . A surrenders 1/4th share and B surrenders 1/5th of his share in favour of C. Calculate the new profit sharing ratio.
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A and B are partners in a firm sharing profits and losses in the ratio of 1:1 . C is admitted . A su...
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