[amp_mcq option1=”03:02:01″ option2=”06:04:05″ option3=”03:02:03″ option4=”03:02:02″ correct=”option1″]<\/p>\n
The correct answer is $\\boxed{\\text{C}}$.<\/p>\n
Jagdish and Brij’s initial profit sharing ratio is 3:2. This means that Jagdish gets 3 parts of the profit for every 2 parts that Brij gets. When Ramesh is admitted, the new profit sharing ratio must add up to 1. To do this, we can multiply Jagdish’s original share by $\\frac{3}{3+2+1}=\\frac{3}{6}=\\frac{1}{2}$, Brij’s original share by $\\frac{2}{6}=\\frac{1}{3}$, and Ramesh’s share by $\\frac{1}{6}$. This gives us the new profit sharing ratio of $\\boxed{\\frac{1}{2}:\\frac{1}{3}:\\frac{1}{6}=3:2:3}$.<\/p>\n
Option A is incorrect because it does not add up to 1. Option B is incorrect because it does not reflect the original profit sharing ratio of Jagdish and Brij. Option D is incorrect because it does not reflect the new profit sharing ratio of Jagdish, Brij, and Ramesh.<\/p>\n","protected":false},"excerpt":{"rendered":"
[amp_mcq option1=”03:02:01″ option2=”06:04:05″ option3=”03:02:03″ option4=”03:02:02″ correct=”option1″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85],"tags":[],"class_list":["post-48307","post","type-post","status-publish","format-standard","hentry","category-accounting","no-featured-image-padding"],"yoast_head":"\n