10. Gaining Ratio) X, Y and Z are sharing profits in the ratio of 5 : 4:3. Y retires. Calculate
the gaining ratio if
(a) X and Z decide to share profits equally.
(5) Xand Z decide to share profits 7:5,
c) X and Z decide to share profits 5:7
(Ans.(a) 1 : 3 (b) 2 : 2 (c) Only Zs gain 4/12)
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Answer:
Gaining ratio or sacrificing ration will be calculated as:
Gaining/Sacrificing Ratio = New Ratio - Old Ratio
Therefore:
For X = 1/3 - 5/10
= 10 - 15
30
= - 5/30 Sacrificing Ratio
For Y = 1/3 - 3/10
= 10 - 9
30
= 1/30 Gaining Ratio
For Z = 1/3 - 2/10
= 10- 6
30
= 4/30 Gaining Ratio
Explanation:
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