X, Y, Z are partners sharing profits in the ratio of 3 : 4 : 4. Y retires and X and Z share their profits in equal ratio. New ratio of X and Z will be :
A. 1:2
B. 2:1
C. 3:1
D. 1:1
Answer:D
X, Y, Z are partners sharing profits in the ratio of 3 : 4 : 4. Y retires and X and Z share their profits in equal ratio. New ratio of X and Z will be :
A. 1:2 B. 2:1 C. 3:1 D. 1:1