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 :
Answer & explanation
Correct answer: option 2
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