Question

X, Y and Z are partners sharing profits & losses in the ratio of $4/8:1/3:2/9$ respectively. Y retires. The gaining ratio and the new profit sharing ratio will be _________.

• A. $1:1,1:1$
• B. $1:2,1:2$
• C. $2:1,2:1$
• D. none of these

Answer 1

The correct option is C $2:1,2:1$

Old ratio (X, Y and Z) = 4/9 : 1/3 : 2/9 or 4 : 3 : 2

If Y retires and no information for new share and gaining and sacrificing ratio is given, then gaining and new profit sharing will be same as old ratio.

Therfore, in the given question gaining and sacrificing ratio is 4 : 2 or 2 : 1