A, B, C were partners in a partnership firm their profit sharing ratio was 5 : 3 : 2. B retires and the new profit sharing ratio between A and C was 3 : 2. Calculate gaining ratio.
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → 1 : 2
The gaining ratio is each continuing partner’s new share minus his old share.
A’s gain = 3/5 − 5/10 = 6/10 − 5/10 = 1/10
C’s gain = 2/5 − 2/10 = 4/10 − 2/10 = 2/10
Gaining ratio = 1/10 : 2/10 = 1 : 2
NCERT (2026-27 edition):
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