Question

P, Q , R are parteners in a firm sharing profits and losses in ratio of 1:1:1. On Q's retirement both continuing parteners decided to share profits in ratio of 6:5. Calculate gain ratio.


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Answer 1

Answer:

gaining ratio = new share - oldshare

Explanation:

imagine 1= 11 and

6 taken by p then his share will be 11+6 = 17

5 taken by R then his share will be 11+ 5 = 16

then new share will be 17:16

and gaining ratio is N- O

i.e

17/33-11/33 = 17-11/33. = 6/33

16/11 -11/3 = 16 - 11 /33 = 5/33

the gaining ratio is 6:5 only