A, B and C are partners sharing profits and losses equally. B dies. A and C agree to share future profits in the ratio of 7 : 5. Calculate the gaining ratio
A, B and C are partners sharing profits and losses equally. B dies. A and C agree to share future profits in the ratio of 7 : 5. Calculate the gaining ratio.
[Ans. Gaining Ratio 3 : 1]
Anurag Pathak Answered question 2 days ago