A, B and C are partners sharing profits and losses I the ratio of $1 / 2, 3 / 10$ and $1 / 5$ , B retires from the firm, A and C decide to share the future profits and losses in $3 : 2$ , Calculate gaining ratio.

1 : 2

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1 : 3 : 2

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2 : 3

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None of these

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Solution

The correct option is A $1 : 2$
Old ratio (A, B and C) = 1/2, 3/10 and 1/5 or 5 : 3 : 2
New ratio (A and C) = 3 : 2
Gaining ratio = New ratio - Old ratio
A's new share = (3/5) - (5/10) = 1/10
C's new share = (2/5) - (2/10) = 2/10
Therefore, new ratio of A and C is 1 : 2

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A, B and C are partners sharing profits and losses I the ratio of 1/2,3/10 and 1/5, B retires from the firm, A and C decide to share the future profits and losses in 3:2, Calculate gaining ratio.

The correct option is A 1:2Old ratio (A, B and C) = 1/2, 3/10 and 1/5 or 5 : 3 : 2New ratio (A and C) = 3 : 2Gaining ratio = New ratio - Old ratio A's new share = (3/5) - (5/10) = 1/10C's new share = (2/5) - (2/10) = 2/10Therefore, new ratio of A and C is 1 : 2

A, B and C are partners sharing profits and losses I the ratio of $1 / 2, 3 / 10$ and $1 / 5$ , B retires from the firm, A and C decide to share the future profits and losses in $3 : 2$ , Calculate gaining ratio.

The correct option is A $1 : 2$
Old ratio (A, B and C) = 1/2, 3/10 and 1/5 or 5 : 3 : 2
New ratio (A and C) = 3 : 2
Gaining ratio = New ratio - Old ratio
A's new share = (3/5) - (5/10) = 1/10
C's new share = (2/5) - (2/10) = 2/10
Therefore, new ratio of A and C is 1 : 2