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Question

A, B and C are partners sharing profits in the ratio of 4:3:2. B retires. A and C decide to share profits in the future in the ratio of 5:3. The gaining ratio will be _______.

A
11:13
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B
4:2
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C
3:5
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D
13:11
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Solution

The correct option is D 13:11
Old ratio (A, B and C) = 4 : 3 : 2
New ratio (A and C) = 5 : 3
Gaining ratio = New ratio - Old ratio
A's gain = (5/8) - (4/9) = 13/72
C's gain - (3/8) - (2/9) = 11/72
Therefore, gaining ratio of A and C = 13 : 11

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