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Answer is Wrong!
Answer is Right!
The correct answer is $\boxed{\text{A. }1:1:1}$.
The sacrificing ratio is the ratio in which the old partners give up their share to the new partner. In this case, A, B, and C are three equal partners. When D is admitted for $\frac{1}{4}$ share, the old partners’ shares will be reduced by $\frac{1}{4}$ each. Therefore, the sacrificing ratio is $1:1:1$.
Here is a more detailed explanation of each option:
- Option A: $1:1:1$. This is the correct answer. The old partners give up $\frac{1}{4}$ share each, so the sacrificing ratio is $1:1:1$.
- Option B: $1:2:1$. This is incorrect. The old partners give up $\frac{1}{4}$ share each, so the sacrificing ratio cannot be $1:2:1$.
- Option C: $2:1:1$. This is incorrect. The old partners give up $\frac{1}{4}$ share each, so the sacrificing ratio cannot be $2:1:1$.
- Option D: $1:1:2$. This is incorrect. The old partners give up $\frac{1}{4}$ share each, so the sacrificing ratio cannot be $1:1:2$.