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If B’s old share is 1/4 and new share is 3/8, what is B’s gaining share?

Answer and explanation

Correct answer: 1/8

Gaining share = New share − Old share. Therefore, B’s gaining share = 3/8 − 1/4 = 3/8 − 2/8 = 1/8. Option B represents only the old share, not the gain. In such questions, subtract the old share from the new share.

Related tags

Gaining ShareOld RatioNew RatioPartnership AccountsRetirement Of PartnerFraction CalculationNew RatiosReconstitution Retirement Or Death Of A Partner

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