Question

A,B and C ate three partners sharing profit and loss in the ratio of 3:2:1.B retires from the firm . What is the gaining ratio of the remaining partners?

• A. 3:1
• B. 1:2
• C. 2:1
• D. 1:3

Answer 1

The correct option is A 3:1

First find new ratio i.e 3:1

gaining ratio of A=new ratio-old ratio

=3/4-3/6

=18/24-12/24=6/24

gaining ratio of C=new ratio -old ratio

=1/4-1/6

=6/24-4/24=4/24

gain ratio=6/24:4/24

=3:1