A, B and C are partners sharing
profits in the ratio of 5:2:1. If the
new ratio on the retirement of A is 3:
2, what will be the gaining ratio?
Select one:
a. 14:11
b. 2:3
c. 11:14
d. 3:2
Answers
Answered by
4
Answer:
14:11
Explanation:
Gaining share of B
3/5-2/8=(24-10)/40=14/40
Gaining of C
2/5-1/8=(16-5)/40=11/40
Gaining ratio = 14:11
Answered by
1
Answer:
14:11
Explanation:
A:B:C=5/8:2/8:1/8
On retirement of A
new profit sharing ratio is
B:C=3/5:2/5
To get gaining ratio,subtract the new share of remaining partner
B:C=3/5-2/8:2/5-1/8
B:C=14/40:11/40
we get 14:11
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