Question
A & B are partners sharing profits & losses in the ratio of 3 : 2. They admitted C into partnership with 3/10 share in the future profits of which he requires 2/10 from A and 1/10 from
A & B are partners sharing profits & losses in the ratio of 3 : 2. They admitted C into partnership with 3/10 share in the future profits of which he requires 2/10 from A and 1/10 from
B. Calculate the new profit sharing ratio.
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