Yash and Manan are partners sharing profits in the ratio of2:1. They admit Kushagra into partnership for 25% share of profit. Kushagra acquired the share from old partners in the ratio of 3:2. The new profit sharing ratio will be:
A. 14:31:15
B. 3:2:1
C. 31:14:15
D. 2:3:1
Answer:C
Yash and Manan are partners sharing profits in the ratio of2:1. They admit Kushagra into partnership for 25% share of profit. Kushagra acquired the share from old partners in the ratio of 3:2. The new profit sharing ratio will be:
A. 14:31:15 B. 3:2:1 C. 31:14:15 D. 2:3:1