Q2031
A and B are partners sharing profits and losses in 3 : 2. They admitted C in the firm. C acquired 1/3^ rd of A's shares and 1/2^ nd of B's share. What is the new profit sharing ratio?
A and B are partners sharing profits and losses in 3 : 2. They admitted C in the firm. C acquired of A's shares and of B's share. What is the new profit sharing ratio?
A.
3 : 2 : 5
B.
2 : 1 : 2
AnswerC.
3 : 2 : 1
D.
3 : 2 : 2
Answer: Option B
Solution
Answer: Option B
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