Accountancy > Accounting For Partnership Firms > Retirement Of A Partner
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(b) Ravita, Savita, Kavita and Babita were partners in a firm sharing profits and losses in the ratio of 5: 3:2:2. On 1st April, 2024 Savita retired and her share was acquired equally by the remaining partners. The new profit sharing ratio between Ravita, Kavita and Babita will be :
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