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Shivalal Accountancy: Class XII
30. Ram, Shyam and Mohan are three partners sharing profit in the ratio of
10/22 : 8/22 : 4/22. They decided to admit Narayan for 1/8th share. Old partners
continue in their old ratio. Find out new profit sharing ratio and sacrificing ratio.
[Ans: New Profit Sharing Ratio 35: 28: 14: 11; Sacrificing Ratio 5 : 4:2]

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