CUET Preparation Today
CUET
-- Accountancy Part A
Reconstitution of Partnership Firm: Retirement and Death
R, S and K are partners sharing profits in the ratio 4 : 3 : 2. R retires; S and K decided to share profits in future in the ratio of 5 : 3. Calculate the Gaining Ratio.
11:21
21:11
11:12
12:11
The correct answer is Option (2) → 21:11