Question

Q. 8 (C). P, Q, R and S were partners sharing profits in the ratio of 5:4:3:1. P and S retire from the firm. Calculate the gaining ratio and new profit sharing ratio of Q and R.
​

Answer 1

Answer:

p/q/r/s = 5/4/3/1

ps/qr = 5/12

ps=5

qr=12