Sindhu, Neha and Priya are partners, sharing profits in the ratio of 5 : 3 : 2. Calculate the new profit sharing ratio and gaining ratio if Neha retires: |
New profit sharing Ratio of Sindhu and Priya = 1 : 2 New profit sharing Ratio of Sindhu and Priya = 3 : 2 New profit sharing Ratio of Sindhu and Priya = 5 : 2 New profit sharing Ratio of Sindhu and Priya =7 : 2 |
New profit sharing Ratio of Sindhu and Priya = 5 : 2 |
The correct answer is Option (3) → New profit sharing Ratio of Sindhu and Priya = 5 : 2 |