1.

X & Y are partners in a firm sharing profits and losses in the ratio of 3: 2. Z was admitted as a new partner for i/s” share of the future profits. Z takes his entire share from X only. The new profit sharing ratio of X, Y & Z will be

A. 12 : 8 : 4
B. 2 : 2 : 1
C. 1 : 1 : 1
D. None of the above
Answer» C. 1 : 1 : 1


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