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Examveda

A and B are partner in partnership firm. They admitted C for $${\frac{1}{4}^{{\text{th}}}}$$ share in profit. New profit sharing ratio between A, B and C is

A. 3 : 2 : 1

B. 3 : 1 : 2

C. 3 : 3 : 2

D. 3 : 3 : 3

Answer: Option C


This Question Belongs to Commerce >> Accounting

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Comments ( 1 )

  1. Jodh Singh
    Jodh Singh :
    7 months ago

    This is correct. But how

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