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:
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → 21 : 11
Step 1: Old ratio (Ranjana : Sadhna : Kamana) = 4:3:2
Step 2: New ratio (Sadhna : Kamana) = 5:3
Step 3: Calculate gain of each continuing partner
Gain=New Share−Old Share
Sadhna’s Gain = 5/8−3/9 = 21/72
Kamana’s Gain =3/8 - 2/9 =11/72
Step 4: Gaining Ratio: Sadhna : Kamana = 21 : 11