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A and B are the partners in a small firm, their profit or loss sharing ratio is 6:4. A new partner C admitted in the
A and B are the partners in a small firm, their profit or loss sharing ratio is 6:4. A new partner C admitted in the firm that will share profit or loss at the ratio of 1/4. Which of the following is the new profit or loss sharing ratio among the partners A,B and C ? Select one: a. 6:4:1 b. 6:4:4 C. 18:1210 d. 10:12:18
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