A and B were Sharing Profit of a business in the ratio of 3 : 2. They admit C into partnership, who gets $$\frac{1}{3}$$ of the share of profit from A, $$\frac{1}{2}$$ of the share of profit from B. What will be the new profit sharing ratio now:
A. 3 : 2 : 5
B. 2 : 1 : 2
C. 3 : 2 : 1
D. 3 : 2 : 2
Answer: Option B
This Question Belongs to Commerce >> Accounting
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