X and Y were sharing profit and loss of the business in the ratio of 3 : 2. They decided to admit Z, who will get $$\frac{1}{3}$$ of X share of profit form X and $$\frac{1}{2}$$ of Y share of profit from Y. New profit sharing ratio will be
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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