Question

[As. Gaining Ratio - 4:3 and New Ratio - 1.1.] Q. 9 (A). On Ist April, 2018 Ashish, Namish and Aman were partners sharing profits and losses in the ratio of 2/5, 2/5 and 1/5 respectively. On this date Namish retires. The new profit sharing ratio of Ashish and Aman will be 3/4 and 1/4 respectively. Calculate gaining ratio.

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Answer 1

Answer:

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• Anshish,Namish , Aman shares profit and losses are in the ratio

2/5:2/5:1/5.

• Next Nameen retires.Anshish and Amans new profit sharing ratio

3/4:1/4: or 3:1

• Old ratio of the three partners is

2/5:2/5:1/5 or 2:2:1.

Gain ratio = new ratio - old ratio

Applying the values.

• Anshish"s gain ratio = 3/4-2/5

=7/20.

• Amans gain ratio = 1/4-1/5

=1/20

Therefore , the gain ratio of Ajay and ashok is 7:1.

Hope it helps u mate .

Thank you.

Answer 2

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an organization of people with a common purpose and having a formal structure. the act of associating or state of being associated. friendship; companionship: Their close association did not last long. connection or combination.

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