A,B and C are partner sharing profits and loss in the ratio of 3:2:1. C retires the new profit sharing ratio between A and B will be
Answers
Answered by
4
Answer:
Old Profit sharing ratio ( A, B and C ) = 3 : 2 : 1
New profit sharing ratio ( A and C ) = 3 : 1
Gaining ratio = new ratio - Old ratio
A's gaining ratio = (3/4 ) - ( 3/6 ) = (3/12)
B's gaining ratio = (1/4) = (1/6) = (1/12)
Therefore, gaining ratio of A and C is 3 : 1
Similar questions
Math,
2 months ago
Computer Science,
5 months ago
India Languages,
5 months ago
Physics,
9 months ago
Math,
9 months ago