The old profit sharing ratio among R, S and T were 2:2:1. The new profit sharing ratio after S retirement is 3:2. The gaining ratio is *
2:2
1:1
2:1
3:2
Answers
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1
Answer:
1:1
Explanation:
gaining ratio = new ratio -old ratio
R : 3/5-2/5= 1/5
S: 2/5-1/5=1/5
so, gaining ratio will be 1:1
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