Question

 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?​

Answer 1

Answer:

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

Explanation:

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