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P, Q and R share the profit in a business in the ratio of 1/4, 1/6 and 7/12. Due to some reason, R takes retirement. What will be the new profit sharing ratio for P and Q if they retain their old ratios in the new shares of profit?
5Q:
P, Q and R share the profit in a business in the ratio of 1/4, 1/6 and 7/12. Due to some reason, R takes retirement. What will be the new profit sharing ratio for P and Q if they retain their old ratios in the new shares of profit?
- 12:3false
- 23:2true
- 35:3false
- 41:2false
- 52:5false
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