Sun	Mon	Tue	Wed	Thu	Fri	Sat
23	24	25	26	27	28	1
2	3	4	5	6	7	8
9	10	11	12	13	14	15
16	17	18	19	20	21	22
23	24	25	26	27	28	29
30	31	1	2	3	4	5

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Multiple Choice Questions

X and Y sharing profits in the ratio of 7 3 admit Z for 3 7 share in the new firm in which he t...........

Miscellaneous Others

X and Y sharing profits in the ratio of 7: 3, admit Z for 3/7 share in the new firm in which he takes 2/7 from X and 1/7 from Y. The new ratio of X, Y and Z will be:

7: 3: 3

4: 2: 3

14: 6: 15

29: 11: 30

Explanation:

29: 11: 30

- X and Y originally share profits in a 7:3 ratio.
- Z is admitted for a 3/7 share in the new firm.
- Z takes 2/7 from X and 1/7 from Y.
- Calculate new shares:
- X’s new share: \(7/10 - 2/7 = (49 - 20)/70 = 29/70\)
- Y’s new share: \(3/10 - 1/7 = (21 - 10)/70 = 11/70\)
- Z’s share: 3/7 = 30/70
- Therefore, the new profit-sharing ratio is 29:11:30.

So, the correct option is **Option 4: 29:11:30**. ✅

YOUR ANSWER IS RIGHT.

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