Advertisements
Advertisements
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 B retires.
Numerical
Advertisements
Solution
If B retires
Remaining partners: A and C
Gaining ratio = 7 : 3
New ratio = 7 : 3
shaalaa.com
Is there an error in this question or solution?
Chapter 4: Retirement or Death of a Partner - PRACTICAL QUESTIONS [Page 4.103]
