Q929
A, B, and C are partners in a firm sharing profit and loss in the ratio of 4 : 3 : 2. They agreed to take D into partnership and gave him 1/8 share. What will be the new profit-sharing ratio?
A, B, and C are partners in a firm sharing profit and loss in the ratio of 4 : 3 : 2. They agreed to take D into partnership and gave him share. What will be the new profit-sharing ratio?
A.
4 : 3 : 2 : 1
B.
28 : 21 : 14 : 9
AnswerC.
28 : 21 : 14 : 8
D.
4 : 1 : 2 : 1
Answer: Option B
Solution
Answer: Option B
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