Question

Gaining ratio
Madhu, Neha and Teena are partners sharing profit and loss in the ratio of 5:3:2. Calculate
new profit-sharing ratio if:
Madhu retires
(m) Neha retires
(i) Teena retires
(Ans. New ratio=3:2, Gaining ratio = 3:2, (ii) New ratio = 5:2, Gaining ratio=5:2,
(m) New ratio = 5:3, Gaining ratio = 5:3.]
3:2 respectively. L retired and​

Answer 1

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