Multiple Choice Questions on A B and C are partners sharing profit or loss in the ratio of 4 3 2 C retires and after C rsquo s re........... for Commerce 12th Preparation

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Multiple Choice Questions

A B and C are partners sharing profit or loss in the ratio of 4 3 2 C retires and after C rsquo s re...........

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    A, B and C are partners sharing profit or loss in the ratio of 4 : 3 : 2. C retires and after C’s retirement 4 and B agreed to share profit or loss in the ratio of 4 : 3 in future. Their gaining ratio will be :

    3 : 2

    Incorrect Answer

    4 : 3

    Correct Answer

    3 : 4

    Incorrect Answer

    1 : 1

    Incorrect Answer
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    Explanation:

    - In the original partnership, the profit-sharing ratio among A, B, and C is 4:3:2.

    - When C retires, A and B decide to share profits in the new ratio of 4:3.

    Gaining Share:

    - A's gain = New share for A - Old share for A = 4/7 - 4/9 =( 36 - 28)/63 = 8/63

    - B's gain = New share for B - Old share for B = 3/7 - 3/9 = (27-21)/63 = 6/63

    Gaining Ratio (A:B) = 8 : 6 = 4:3

    By: santosh
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