A and B are partners sharing profits and losses in the ratio of 7 : 5. They agree to admit C, their manager, into partnership who is to get 1/6th share in the profits. He acquires this share as 1/24 from A and 1/8 from B. The new profit sharing ratio will be:
1
13 : 7 : 4
2
7 : 13 : 4
3
7 : 5 : 6
4
5 : 7 : 6