Question

A,B, C and D are four partners in a firm sharing profits and loss in the ratio of 18:15:18:3, D retires from the firm and his share of profit is purchased by the remaining partners A,B and C as 1/54,1/54 and 1/54.
What is the gaining ratio remaining partners?

• A. 1:1:1
• B. 3:9:1
• C. 1:9:3
• D. 3:1:9

Answer 1

Answer: (A)

1:1:1

Gaining ratio is the ratio in which the remaining partner acquire the outgoing partner's share. In this, D's share is 3/54 which the remaining partners acquiring equally. i.e.1/54, 1/54 and 1/54. So their gaining ratio is 1:1:1.