R, S and K are partners sharing profits in the ratio 8:6:4. On the retirement of R, the new profit sharing ratio between S and K was decided to be 5:3. The Gaining Ratio is...... |
5:3 21:11 4:3 11:19 |
21:11 |
The correct answer is Option 1 - 21:11. Old ratio = 8:6:4 (R, S and K) R retires Gaining share = New share - old share Gain of Sana = 5/8 - 3/9 Gain of Kamana = 3/8 - 2/9 Gaining ratio = 21/72 : 11/72 |