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A and B are partner in partnership firm They admitted C...

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Accounting
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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

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Correct Answer: Option C
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2 Comments
Partha Bakshi
Partha Bakshi 2 years ago
A+B= 1-1/4=3/4. Let A=B.
So A=3/4*2
B=3/4*2
A:B:C=3/8:3/8:1/4=3:3:2
Jodh Singh
Jodh Singh 3 years ago
This is correct. But how
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