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 the ratio 3:2:1. C retires, and the new profit-sharing ratio of A and B becomes 7:5. What is the gaining ratio of A and B?

Answer and explanation

Correct answer: 1:1

C’s retirement causes the remaining partners, A and B, to gain C’s share. A’s old share was \(3/6=6/12\), while the new share is \(7/12\); hence, A gains \(1/12\). B’s old share was \(2/6=4/12\), while the new share is \(5/12\); hence, B also gains \(1/12\). Therefore, the gaining ratio is \(1/12:1/12=1:1\). Remember that 7:5 is the new profit-sharing ratio, not the gaining ratio.

Related tags

Gaining RatioRetirement Of PartnerNew RatioPartnership AccountsProfit SharingNew RatiosReconstitution Retirement Or Death Of A PartnerAccountancy

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.