P, Q, R are partners sharing profits in 2: 2: 1, they admitted S for 1/8 share which he acquired entirely from P. Calculate new profit sharing ratio?
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This question was previously asked in
Shift 30/05/2023 8:30 AM - 10:30 AM
A
11:16:8:5
B
1:1:1:1
C
2:2:1:1
D
2:2:1:8
Correct Answer
11:16:8:5
Detailed Explanation
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