Abhiram and Ragini are partners sharing profits in the ratio of 3:2. They admit Arun as a new partner for 1/5th share in…
Q1
Abhiram and Ragini are partners sharing profits in the ratio of 3:2. They admit Arun as a new partner for 1/5th share in the future profits of the firm, which he gets equally from Abhiram and Ragini. Calculate the new profit-sharing ratio of Abhiram, Ragini and Arun.
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