X X y and z are partners sharing profits in the ratio 4 ratio 3 ratio 2 y retires x and decided to share profit and losses in the in future in the ratio of 5 ratio 4 calculate gaining ratio
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Answer:
the gaining ratio is 1:2
Explanation:
x:y:z = 4:3:2
y retires and new ratio of x:z = 5:4
the formula of gaining ratio is :
new share - old share
x's new share = 5/9-4/9= 1/9
z's new share = 4/9- 2/9 = 2/9
therefore gaining ratio = 1:2
hope it will help you
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