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Commerce · Q1591

Accounting

Graduate and Post Graduate · Commerce · question 1591

Q1591

A and B are partners sharing profits and losses in the ratio of 1 : 2. They admit c and agree to give him 1/5 of the share. The new profit sharing ratio will be:

A and B are partners sharing profits and losses in the ratio of 1 : 2. They admit c and agree to give him of the share. The new profit sharing ratio will be:
A.
8 : 2 : 2
B.
6 : 4 : 3
C.
8 : 3 : 4
D.
4 : 8 : 3
Answer

Answer: Option D

Solution

Answer: Option D
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