arya, benin and Charles are partners sharing profits and losses in the ratio of 3:3:2.charles retires and his share taken up by arya.calculate the new profit sharing ratio and gaining ratio of arya and Benin
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Answer:
5:3
Explanation:
Arya gained 2/8
gaining ratio= 2/8 :0 that is 1:0
Arya= 3/8+2/8=5/8
Benin= 3/8+0=3/8
Therefore, the new profit sharing ratio of Arya and Benin is 5/8:3/8 that is 5:3
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