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 4:3:3. When C retires, the new profit-sharing ratio of A and B becomes 5:4. What is A’s gaining share?

Answer and explanation

Correct answer: 7/45

A’s old profit share was 4/10 = 2/5. After C’s retirement, A’s new share under the ratio 5:4 is 5/9. Therefore, A’s gaining share = new share − old share = 5/9 − 2/5 = 25/45 − 18/45 = 7/45. The value 5/9 is A’s new share, not the gaining share. Exam tip: Always calculate gaining share by subtracting the old share from the new share.

Related tags

AccountancyPartnership AccountsRetirement Of PartnerGaining RatioNew RatioNew 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.