Q734
X and Y are partners in a firm sharing profits in the ratios of 2 : 1. Z is admitted with a 1/3^ rd profit sharing. What will be the new profit sharing ratio of X, Y and Z?
X and Y are partners in a firm sharing profits in the ratios of 2 : 1. Z is admitted with a profit sharing. What will be the new profit sharing ratio of X, Y and Z?
A.
3 : 3 : 3
B.
4 : 3 : 2
C.
4 : 2 : 3
AnswerD.
2 : 3 : 4
Answer: Option C
Solution
Answer: Option C
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