Question

A b and c are partner in a firm sharing profit in the ratio 3:2:1 trio a retire and his share is taken up by b and c equally find the new profit sharing ratio and gaining ratio

Answer 1

Answer:

A's share taken up by B and C = 3/6×1/2 = 3/12 each

B's new share = 2/6 + 3/12 = 7/12

C's new share = 1/6 + 3/12 = 5/12

new ratio = 7:5

gaining ratio = equally