A B and C are partners sharing profits in the ratio of 1 2 1 4 1 4 New ratio on the retirement of B ...........

A, B and C are partners sharing profits in the ratio of 1/2 : 1/4 : 1/4. New ratio on the retirement of B will be :

2 : 4

1 : 2

2 : 1

1/4 : 1/2

- A, B, and C initially share profits in the ratio of 1/2 : 1/4 : 1/4.

- On the retirement of B, B's share needs to be reallocated between A and C.

- After B retires, A and C will only share profits, and their new shares should maintain the ratios proportionate to their original shares.

- A’s original share was 1/2. C’s original share was 1/4.

- Combining A and C's shares (1/2 + 1/4 = 3/4), the ratio between A and C remains as 1/2 to 1/4.

- Simplifying 1/2 : 1/4 gives us 2 : 1 as their new ratio after B’s retirement.

??Option 3: 2 : 1 is correct

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