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Commerce · Q1882

Accounting

Graduate and Post Graduate · Commerce · question 1882

Q1882

A and B are partners sharing profit and losses in 5 : 3. They decided to admit C and provide him 310^ th share in profits. what will be new profit sharing ratio between A, B and C?

A and B are partners sharing profit and losses in 5 : 3. They decided to admit C and provide him share in profits. what will be new profit sharing ratio between A, B and C?
A.
10 : 20 : 30
B.
1 : 7 : 2
C.
3 : 6 : 1
D.
35 : 21 : 24
Answer

Answer: Option D

Solution

Answer: Option D
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