A, B and C are partners sharing profits in the ratio 1/2, 3/10 and 1/5. B retires from the firm, A and C decide to share the future profits in 3 : 2. Calculating gaining ratio.
A. 1 : 2
B. 3 : 2
C. 2 : 3
D. None of these
Answer:A
A, B and C are partners sharing profits in the ratio 1/2, 3/10 and 1/5. B retires from the firm, A and C decide to share the future profits in 3 : 2. Calculating gaining ratio.
A. 1 : 2 B. 3 : 2 C. 2 : 3 D. None of these