The old profit-sharing ratio among Rajender, Satish, Tejpal was 2:2:1. The new Profit Sharing Ratio after Satish's retirement is 3: 2. The gaining ratio is: |
3:2 2:1 1:1 2:3 |
1:1 |
The correct answer is option 3- 1:1. Gained share = New share -Old share Gaining share of Rajender = 3/5 -2/5 |