Question

A, B and C were partners sharing profits in the ratio of 7 : 5 : 3. Find out the gaining ratio and new ratios when

1. A retires
2. B retires
3. C retires

Answer 1

A : B : C = 7 : 5 : 3.

• Gaining ratio:
  1. When A retires, the gaining ratio between B and C is 5 : 3.
  2. When B retires, the gaining ratio between A and C is 7 : 3.
  3. When C retires, the gaining ratio between A and B is 7 : 5. 
• New ratio: 
  1. When A retires, the new ratio between B and C is 5 : 3.
  2. When B retires, the new ratio between A and C is 7 : 3.
  3. When C retires, the new ratio between A and B is 7 : 5.