Calculate the new ratio between A, B and C

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Reference no: EM132820883

Question - A and B are partners in a firm sharing profit and loss in the ratio of 3:2. They admit C as a new partner for 1/10 share of profit which is given by A and B equally, afterwards they admit D as a new partner for 1/6 share and A decides to retain his original share.

Required -

1. Calculate the new ratio between A, B and C.

2. Then calculate the new ratio between A, B, C and D.

Reference no: EM132820883

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