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Question
A and B are partners in the ratio of 2 : 1. C is admitted into the firm. А surrenders 1/5th of his share and B surrenders 1/15 from his share in favour of C. C's share will be ______.
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Solution
A and B are partners in the ratio of 2 : 1. C is admitted into the firm. А surrenders 1/5th of his share and B surrenders 1/15 from his share in favour of C. C's share will be 1/5.
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