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Ankita and Bhushan partners share profits and losses in a ratio of 7: 5. They agree to accept Chandan, their manager, in a partnership that receives 1/6 of the profits. He acquires this share as 1/24th from Ankita and 1/8th from Bhushan, the new profit sharing ratio will be:

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Ankita and Bhushan partners share profits and losses in a ratio of 7: 5. They agree to accept Chandan, their manager, in a partnership that receives 1/6 of the profits. He acquires this share as 1/24th from Ankita and 1/8th from Bhushan, the new profit sharing ratio will be:






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