A and B are partners in a firm sharing profits in the ratio of 3:2. They admit C as a new partner for 1/3 rd share in the profits of the firm. The new profit sharing ratio of A, B and C would be :
A. 3 : 2 : 1
B. 3 : 2 : 2
C. 3 : 2 : 3
D. 6 : 4 : 5
Answer:D
A and B are partners in a firm sharing profits in the ratio of 3:2. They admit C as a new partner for 1/3 rd share in the profits of the firm. The new profit sharing ratio of A, B and C would be :
A. 3 : 2 : 1 B. 3 : 2 : 2 C. 3 : 2 : 3 D. 6 : 4 : 5