Question - 07 

Nikunj and Mithun share profit in a firm in the ratio of 3:1 abhinav entered in this firm as a new partner his profit share is 1/5 find out the new profit sharing ratio of the partner when:

  1. Abhinav has taken his share of profit from Nikunj and Mithun in equal ratio.
  2. Abhinav has taken his full share of profits from Nikunj.

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