Ram and Shyam are partners in a firm sharing profits in the ratio of 3:2. They admit Ghanshyam as a new partner. Ram surrenders `1//4` of his share and Shyam `1//3` of his share in favour of Ghanshyam. Calculate new profit sharing ratio of Ram. Shyam and Ghanshyam.

Explanation

`{:("Ram's old share",=,(3)/(5)),("Share surrendered by Ram",=,(1)/(4)" "of " "(3)/(5)=(3)/(20)),("Ram's new share",=,(3)/(5)-(3)/(20)=(9)/(20)),("Shyam's old share",=,(2)/(5)),("Share surrendered by Shyam",=,(1)/(3)" "of" " (2)/(5)=(2)/(15)),("Shyam's new share",=,(2)/(5)-(2)/(15)=(4)/(15)),("Ghanshyam's new share",=,"Ram's sacrifice + Shyam's Sacrifice"),(,=,(3)/(20)+(2)/(15)=(17)/(60)):}`
New profit sharing ratio among Ram, Shyam and Ghanshyam will be 26 : 16 : 17