A, B and C are partners with capitals of ₹ 1,00,000; ₹ 75,000 and ₹ 50,000 respectively. They share profits and losses in the ratio of their capital. C retires

A, B and C are partners with capitals of ₹ 1,00,000; ₹ 75,000 and ₹ 50,000 respectively. They share profits and losses in the ratio of their capital. C retires, His share is acquired by A and B in the ratio of 2 : 1. Calculate the new profit sharing ratio and gaining ratio.

[Ans. New Ratio 16 : 11; Gaining Ratio 2 : 1]