X, Y and Z are partners sharing profits in the ratio of 1/9 : 1/3 and 5/9. Z retires and surrenders 3/4th of this share in favour of X and remaining in favour of Y
X, Y and Z are partners sharing profits in the ratio of 1/9 : 1/3 and 5/9. Z retires and surrenders 3/4th of this share in favour of X and remaining in favour of Y. Calculate new ratio and gaining ratio.
[Ans. New Ratio 19 : 17; Gaining Ratio 3 : 1.]
Anurag Pathak Answered question October 11, 2024