Question

8. M, N and O are partners with capitals of
rs/- 10,000; rs/-07,000 and rs/-05,000
respectively. On O's retirement his share is
acquired by M and N in the ratio of 3:2
respectively. gaining ratio will be : *​

Answer 1

Answer:

gaining ratio :- the ratio at which continuing partner gains from retiring partner

in this question it will be 3:2