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Ravi and Mukesh are sharing profits in the ratio of 7: 3. They admit Ashok for 3/7th share in the firm

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Ravi and Mukesh are sharing profits in the ratio of 7: 3. They admit Ashok for 3/7th share in the firm which he takes 2/7th from Ravi and 1/7th from Mukesh. Calculate new profit-sharing ratio.

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New Ratio = Old Ratio - sacrificing Ratio

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