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 4:4:2. C retires, and the new profit-sharing ratio of A and B becomes 7:5. Which of the following statements is correct?

Answer and explanation

Correct answer: A gained more share than B

Before retirement, both A and B had a share of 4/10. Under the new ratio, A’s share becomes 7/12, so A’s gain is 7/12 − 4/10 = 11/60. B’s share becomes 5/12, so B’s gain is 5/12 − 4/10 = 1/60. Therefore, A gained more than B. Exam tip: Compare the gain of each continuing partner by subtracting the old share from the new share.

Related tags

Compare GainsNew RatioRetirement Of PartnerProfit Sharing RatioNew RatiosReconstitution Retirement Or Death Of A PartnerAccountancyClass 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.