Question:
A, B, C were partners in a partnership firm their profit sharing ratio was 5:3:2. B retires and the new profit sharing ratio between A and C was 3:2. Calculate gaining ratio.
A, B, C were partners in a partnership firm their profit sharing ratio was 5:3:2. B retires and the new profit sharing ratio between A and C was 3:2. Calculate gaining ratio.
Updated On: Mar 27, 2025
- 3:8
- 1:3
- 7:2
- 1:2
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The Correct Option is D
Solution and Explanation
The correct option is (D):1:2
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