Question

A, B and C are partners sharing profit or loss in the ratio of 2 : 3 : 4. A retires and after A’s retirement B and C agreed to share profit or loss in the ratio of 3 : 4 in future. Their gaining ratio will be ______.

Options

• 2 : 3

• 4 : 3

• 3 : 4

• 1 : 1

Answer 1

A, B and C are partners sharing profit or loss in the ratio of 2 : 3 : 4. A retires and after A’s retirement B and C agreed to share profit or loss in the ratio of 3 : 4 in future. Their gaining ratio will be 3 : 4.

Explanation:

Gaining Ratio = New Ratio – Old Ratio

B’s Gaining ratio = `3/7-3/9=(27-21)/63=6/63`

C’s Gaining ratio = `4/7-4/9=(36-28)/63=8/63`

B : C = `6/63:8/63`

= 6 : 8

∴ Gaining Ratio = 3 : 4