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The old profit sharing ratio among Rajender, Satish and Tejpal were 2:2:1. The New Profit Sharing Ratio after Satish’s retirement is 3:2. The gaining ratio is (a) 3:2 (b) 2:1 (c) 1:1 (d) 2:2 |
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Answer» Correct answer is (c) 1:1 |
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