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Peter and James are partners in Apostles Partnership. They share profits and losses in the ratio of 2:3. The following are the account balances of

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Peter and James are partners in Apostles Partnership. They share profits and losses in the ratio of 2:3. The following are the account balances of the partnership: John is to be admitted for 28% interest in the partnership by investing cash of P295,000. The total agreed capital is P1,346,000 and any revaluation is attributable to the Equipment. What is the new P\&L ratio of Peter after the admission of John? Note: Round off your answer to 2 decimal places. Do not encode "\%". Example: if answer is 25.20%, encode " 25.20

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