Raja and Ram are partners sharing profits in ratio 3 : 1. Ashok is admitted for $${\frac{1}{4}^{{\text{th}}}}$$ share in profits. New profit sharing ratio between Raja, Ram and Ashok is?
A. 9 : 3 : 4
B. 3 : 1 : 1
C. 2 : 1 : 2
D. 3 : 4 : 9
Answer: Option A
This Question Belongs to Commerce >> Accounting
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