Update

Muft Shiksha™ एक 100% Free Education Portal है 🇮🇳, जिसका उद्देश्य Class 9–12 के हर विद्यार्थी तक High-Quality Education को पूरी तरह मुफ्त पहुँचाना है। 🇮🇳 हम मानते हैं कि अच्छी शिक्षा किसी student की आर्थिक स्थिति पर निर्भर नहीं होनी चाहिए। 🇮🇳 हर विद्यार्थी को वही Quality Study Material, MCQs, Quizzes, Exam Preparation, Concept-Based Learning और Bilingual Support मिलना चाहिए, जो आमतौर पर महंगी Coaching या Premium Platforms में मिलता है। Muft Shiksha™ 🇮🇳 इसी सोच के साथ बनाया गया है

Subjects
0 reads0 ratings0 helpful

A, B and C share profits in (5:3:2). C retires. A and B will share future profits in (7:5). What is the gaining ratio?

Answer and explanation

Correct answer: (5:7)

The governing concept is the gaining ratio on retirement. It is calculated by finding how much each continuing partner’s new share exceeds that partner’s old share. The old shares are A = 5/10 = 1/2 and B = 3/10. The new ratio 7:5 totals 12, giving A a new share of 7/12 and B a new share of 5/12. A’s gain is 7/12 − 1/2 = 7/12 − 6/12 = 1/12. B’s gain is 5/12 − 3/10 = 25/60 − 18/60 = 7/60. Therefore, the gaining ratio is 1/12 : 7/60 = 5/60 : 7/60 = 5:7. Option A is correct. Option B is only the new profit-sharing ratio, option C is the old ratio of A and B, and option D incorrectly assumes equal benefit.

Related tags

Gaining RatioRetirementPartnership ReconstitutionAccountancyNew RatiosReconstitution Retirement Or Death Of A PartnerClass 12 Mcq

Was this question useful?

No ratings yetWrite a review / Rate this question

Student Reviews

No published reviews yet.

Add Muft Shiksha to your Home Screen

In Safari, tap Share, then Add to Home Screen.