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Answer: Initial ratio in which A,B, C share profits = (1/4): (1/6) : (7/12). Multiply the ratios with 12 to get integral ratios= 12*(1/4) : 12*(1/6) : 12*(7/12) =. 3: 2: 7. In this C gets 7 parts of the total profit. When C retires A and B share this profit in the ratio of (4/5). Therefore additional share in the profit for A = (4/9)*7=( 28/9) . Similarly additional share for B = (5/9)*7 = 35/9. Therefore new share of A = 3+(28/9) = 55/9. Similarly new share for B = 2+(35/9)= 53/9 So New ratio for A and B to share profit = (55/9): ( 53/9) =. 55: 53 Answer: w Option A

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