A and B are partners sharing profits and losses in the ratio of 1 : 2. They admit c and agree to give him $$\frac{1}{5}$$ of the share. The new profit sharing ratio will be:
A. 8 : 2 : 2
B. 6 : 4 : 3
C. 8 : 3 : 4
D. 4 : 8 : 3
Answer: Option D
This Question Belongs to Commerce >> Accounting
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