Question

ADMISSION OF A PARTNER 14 d and Bare partners in a firm sharing profits and losses in the ratio of 2 : 3.0 is admitted for 1/5 share in the profits of the firm. If gets it wholly from A, the new profit sharing ratio after C's admission will be (B) 3:1:1 (A) 1:3:3 (C) 2:2:1 (D) 1:3:1
​

Answer 1

Answer:

B)3:1.1

Explanation:

Please read well