MCQOPTIONS
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| 1. |
A and B are partners sharing profits and losses in the ratio of 2:1. They admit a new partner C whom they give 1/6th share in profits. Their new profit sharing ratio is |
| A. | 10:5:3 |
| B. | 2:10:5 |
| C. | 10:3:5 |
| D. | 3:10:2 |
| Answer» B. 2:10:5 | |