Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Reconstitution of Partnership Firm: Retirement and Death

Question:

A, B and C are partners. Their capitals are ₹1,00,000, ₹75,000 and ₹50,000 respectively. On C's retirement his share is acquired by A and B in the ratio of 6:4. Gaining ratio will be :

Options:

1:1

3:2

2:3

None of the Above

Correct Answer:

3:2

Explanation:

The correct answer is option 2- 3:2.

Old ratio = 1:1:1 (Nothing mentioned that's why old ratio is equal)

On C's retirement his share is acquired by A and B in the ratio of 6:4.

This acquiring ratio is the gaining ratio.
Gaining Ratio = 6:4
                    = 3:2