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x and y are partner in the firm sharing profit and loss in the ratio of 5 :3 z is admitted who acquire 1/3 of a y's share calculate the new ratio

    • Posted by Prashant Nigam 8 years, 2 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Pravit Chaudhary 8 years, 2 months ago

    z's share =3/8*1/3=1/8 now, new share of partners... x's = 5/8.....,y's= 3/8-1/8 =2/8... therefore,..new ratio=5:2:1

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