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P, Q, R and S were partners sharing profits in the ratio of 5 : 4 : 3 : 1. P and S retire from the firm. Calculate the gaining ratio and new profit sharing ratio

136 viewsOctober 11, 2024DK Goel Retirement of a partner

Anurag Pathak28.30K October 11, 2024 0 Comments

P, Q, R and S were partners sharing profits in the ratio of 5 : 4 : 3 : 1. P and S retire from the firm. Calculate the gaining ratio and new profit sharing ratio of Q and R.

[Ans. Gaining Ratio – 4 : 3 and New Ratio – 4 : 3.]

Anurag Pathak Answered question October 11, 2024

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Anurag Pathak28.30K Posted October 11, 2024 0 Comments

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Anurag Pathak Answered question October 11, 2024

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Anurag Pathak

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P, Q, R and S were partners sharing profits in the ratio of 5 : 4 : 3 : 1. P and S retire from the firm. Calculate the gaining ratio and new profit sharing ratio

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

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