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    Question

    X & Y share profits in the ratio of 1: 4. Z has been

    admitted with ½ shares in profits. What will be the new profit sharing ratio of the partners? 
    A 2:1:1 Correct Answer Incorrect Answer
    B 1:1:1 Correct Answer Incorrect Answer
    C 1:4:5 Correct Answer Incorrect Answer
    D 1:2:3 Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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