Alfa, Beta, Gamma are partners sharing profits and losses in the ratio of 4 : 3 : 2. Beta retires.
Alfa and Gamma decided to share the profits and losses in future in the ratio of 3 : 2.
Calculate gaining ratio.
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Answer:
To calculate the gaining ratio
we use the formula
new ratio- old ratio
gaining ration of alfa-:
3/5- 4/9= 7/45
gaining of gamma-:
2/5- 2/9= 8/45
hence by simplifying the gaining of alpha and gamma is
7/45: 8/45= 7:8
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