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A and B are partners in a business shari...

A and B are partners in a business sharing profits and losses in the ratio of 7 : 3 respectively. They admit C as a new partner. A sacrificed 1/7th share of his profit and B sacrificed 1/3rd of his share in favour of C. The new profit sharing ratio of A, B and C will be :

A

`3 : 1 : 1`

B

`2 : 1 : 1`

C

`2 : 2 : 1`

D

None of the above

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