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Saurabh, Shirin, and Somesh are partners in firm sharing profits and losses in the ratio of 3 : 2 : 1. Somesh retires and the new profit sharing ratio between Saurabh and Shirin is 3 : 2. - Accountancy

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Question

Saurabh, Shirin, and Somesh are partners in firm sharing profits and losses in the ratio of 3 : 2 : 1. Somesh retires and the new profit sharing ratio between Saurabh and Shirin is 3 : 2. The gaining ratio between Saurabh and Shirin will be:

Options

  • 3 : 2

  • 3 : 1

  • 1 : 1

  • 2 : 1

MCQ
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Solution

3 : 2

Explanation:

Gaining ratio = New ratio – Old ratio

Saurabh’s gain = `3/5 - 3/6 = 3/30`

Shirin’s gain = `2/5 - 2/6 = 2/30`

Gaining ratio = 3 : 2

Hence, the correct answer is 3 : 2.

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2019-2020 (March) Delhi Set 1
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