Question

A, B and C are partners sharing profits in the ratio of 5 : 2 : 1. If the new ratio on the retirement of C is 5 : 2, gaining ratio will be ______.

Answer 1

A, B and C are partners sharing profits in the ratio of 5 : 2 : 1. If the new ratio on the retirement of C is 5 : 2, gaining ratio will be 5 : 2.

Explanation:

Gaining Ratio = New Ratio - Old Ratio

A's Gaining ratio = `5/7-5/8 =(40-35)/56=5/56`

B's Gaining ratio = `2/7-2/8=(16-14)/56=2/56`

Gaining ratio = `5/56:2/56`

∴ Gaining ratio = 5 : 2