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Question
A, B and C are partners sharing profits in 1/2, 3/10 and 1/5. B retires selling his share of profit to A for ₹ 30,000 and to C for ₹ 60,000. New profit sharing ratio will be ______.
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Solution
A, B and C are partners sharing profits in 1/2, 3/10 and 1/5. B retires selling his share of profit to A for ₹ 30,000 and to C for ₹ 60,000. New profit sharing ratio will be 3 : 2.
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