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      Question

      A & B are partners sharing profits & losses in the ratio

      of 3 : 2. They admitted C into partnership with 3/10 share in the future profits of which he requires 2/10 from A and 1/10 from B. Calculate the new profit sharing ratio.
      A 2 : 2 : 3 Correct Answer Incorrect Answer
      B 3 : 3 : 3 Correct Answer Incorrect Answer
      C 4 : 3 : 3 Correct Answer Incorrect Answer
      D 1 : 1 : 1 Correct Answer Incorrect Answer

      Solution

      The correct answer is C

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