Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Reconstitution of Partnership Firm: Retirement and Death

Question:

Ranjana, Sadhna and Kamana are partners, sharing profits in the ratio 4 : 3 : 2. Ranjana retires; Sadhna and Kamana decide to share profits in the future at the ratio of 5 : 3. Calculate the Gaining Ratio:

Options:

11 : 21

25 : 11

21 : 11

20 : 10

Correct Answer:

21 : 11

Explanation:

The correct answer is Option (3) → 21 : 11