Question

Q. A, B & C share profits in 5:2:3 ratio. C retires and A&B share profit in equal ratio.. calculate the Gaining Ratio.​

Answer 1

Answer:

7:3

Step-by-step explanation:

Old Ratio (A, B and C) = 5:3:2

C retires from the firm

His profit share = 2/10

C's share taken by A in entirely

New Ratio = Old Ratio + Share acquired from C

A's New Share = 5/10 + 2/10 = 7/10

B's New Share = 3/10 + 0 = 3/10

New Profit (A and B) = 7:3