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A and B are partners in a firm, sharing profits in the ratio of 7 : 5. C is admitted for 1/6th share in profits of the firm.

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A and B are partners in a firm, sharing profits in the ratio of 7 : 5. C is admitted for 1/6th share in profits of the firm. C acquires 1/24 from A and 1/8 from B. Calculate new profit sharing ratio and sacrificing ratio.

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New profit sharing Ratio 

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