Radhika, Sadhika and Kanika are partners sharing profits in the ratio of 4 : 3 : 2. Radhika retires; Sadhika and Kanika decided to share profits in future in the ratio of 5 : 3. Calculate gaining ratio.
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → 21 : 11
Old ratio = 4:3:2
New ratio = 5:3
Radhika retires.
Gain of Sadhika = 5/8-3/9
= (45-24)/72
=21/72
Gain of Kanika = 3/8-2/9
= (27-16)/72
=11/72
Gaining ratio = 21/72 : 11/72
= 21:11