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Question
A and B are partners sharing profit in the ratio of 3 : 2. They admit C as a partner by giving him `1/3`rd share in future profits. The new ratio will be:
Options
12 : 8 : 5
8 : 12 : 5
5 : 5 : 12
None of these
MCQ
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Solution
None of these
Explanation:
A’s New share = `3/5 xx 2/3 = 6/15`
B’s New share = `2/5 xx 2/3 = 4/15`
C’s share = `1/3 = 5/15`
A : B : C = 6 : 4 : 5
Thus, none of the mentioned ratios is correct.
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