A and B are partners in a firm sharing profit and loss in the ratio of 3 : 2. They admit C into a partnership for $${\frac{1}{8}^{{\text{th}}}}$$ share, and the new ratio between A and B is 4 : 3. The sacrificing ratio is
A. 1 : 1
B. 2 : 1
C. 4 : 1
D. 2 : 3
Answer: Option C
This Question Belongs to Commerce >> Accounting
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