GK
ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A, B and C were partners sharing profits in the ratio of 3 : 5 : 7. C retires and his share were taken up by A and B in the ratio of 3: 2. What is new ratio?
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1 : 11
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2 : 12
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2 : 13
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3 : 14
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Explanation:
Detailed explanation-1: -Gaining ratio is the proportion in which they have acquired C’s share of profit, i.e., 3 : 2.
There is 1 question to complete.