(17) A,B, and C were partners sharing profits in the ratio of 2/6,1/2, and 1/6. A retires and surrenders 2/3
of his share in favour of B and remaining in favour of C. Calculate new ratio and gaining ratio.
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Answer:
new ratio (13:5)
B - 13/18
C- 5/18
Gaining ratio (4:2)
B-4
C-3
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