MCQOPTIONS
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| 1. |
A and B are partners sharing profits in the ratio of 3: 2. C is admitted with one-third share in the profits. Which one of the following is the new profit-sharing ratio of the partners? |
| A. | 6 : 4 : 5 |
| B. | 6 : 54 : 3 |
| C. | 6 : 5 : 5 |
| D. | 3 : 2 : 5 |
| Answer» B. 6 : 54 : 3 | |