Gaining ratio of Q & R;
Q = 1/2 - 3/7 = 1/14
R = 1/2 - 2/7 = 3/14
Q:R = 1:3
Answers
Answered by
0
Explanation:
P,Q and R share profit and losses in the ration of 4:3:2 respectively. Q retires and P and R decided to share future profits and losses in the ratio of 5:3. Then immediately H is admitted of 3/10 shares of profits half of which was gifted by P an remaining shares was taken by H equally form P and R. Calculate the new profit sharing ratio after H' admission and gain ratio of P and R.
Similar questions