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This question belongs to Commerce Accounting
Accounting
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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:

Answer & Solution
Correct Answer: Option B
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