Question

P and Q are partners sharing profits in the ratio of $2:1$. They admitted R into partnership giving $\frac{1}{5}^{th}$ share which he acquired from P and Q in $1:2$ratio. Calculate the new profit sharing ratio

• A. $2:1:2$
• B. $1:1:3$
• C. $3:1:1$
• D. $20:5:9$

Answer 1

Answer: (C)

$3:1:1$

Answer 2

The correct option is (C) :$3:1:1$