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A and B are partners sharing profit and losses in 5...

This question belongs to Commerce Accounting
Accounting
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A and B are partners sharing profit and losses in 5 : 3. They decided to admit C and provide him $${\frac{3}{{10}}^{{\text{th}}}}$$ share in profits. what will be new profit sharing ratio between A, B and C?

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Correct Answer: Option D
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