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A and b were partners in a firm with a profit – sharing ratio of 5 : 4. If a retired 5 months before the profit was distributed. If the profit was distributed after a year of the commencement of the business find the percentage share of b.

A and b were partners in a firm with a profit – sharing ratio of 5 : 4. If a retired 5 months before the profit was distributed. If the profit was distributed after a year of the commencement of the business find the percentage share of b. Correct Answer 57.83%

The ratio of share of a to b = 5 * 7 : 4 * 12 = 35 : 48 The percentage share of b = 48 / 83 * 100 = 57.83%

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