Question

R,S,G are three partners sharing profit and loss in the ratio of 8:75,S retires and his share of profit is taken by R,G in the ratio of 1:2. Find the gaining ratio of the partners.

• A. 2:1
• B. 31:29
• C. 29:31
• D. 0:19

Answer 1

The correct option is D 0:19

Gaining ratio R=new ratio-old ratio

=1/3-8/20

=20/60-24/60=0/60

gaining ratio G=new ratio-old ratio

= 2/3-5/20

=40/60-21/60=19/60

gain ratio 0:19

it means share of Mr.S goes to Mr.G