A, B and C are partners sharing profits in the ratio of 5 : 2 : 1. If the new ratio on the retirement of A is 3 : 2, what will be the gaining ratio? |
11:14 3:2 2:3 14:11 |
14:11 |
The correct answer is option 4- 14:11. Old ratio is 5:2:1 (A, B & C) GAINED SHARE= NEW SHARE - OLD SHARE Gain of B = 3/5 - 2/8 Gain of C = 2/5 - 1/8 Gaining Ratio = 14/40 : 11/40 |