A, B, and C were in partnership, sharing profits in the ratio of 3:2:1 respectively. B retires and the new profit sharing ratio between A and C is 3:2 - Accountancy MCQ CUET Accountancy 2025 29 May Shift 2 2026 | ExamTest.live

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A, B, and C were in partnership, sharing profits in the ratio of 3 : 2 : 1 respectively. B retires and the new profit sharing ratio between A and C is 3 : 2 . The gaining ratio is:

Solution & Step-by-step Explanation

Given:Old ratio of A, B, C = \frac{3}{6} : \frac{2}{6} : \frac{1}{6} New ratio of A, C = \frac{3}{5} : \frac{2}{5} Formula: Gaining Share = New Share - Old Share For A: Gain = \frac{3}{5} - \frac{3}{6} = \frac{18 - 15}{30} = \frac{3}{30} For C: Gain = \frac{2}{5} - \frac{1}{6} = \frac{12 - 5}{30} = \frac{7}{30} Comparing the gain shares, the Gaining Ratio between A and C is 3 : 7 .

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A, B, and C were in partnership, sharing profits in the ratio of 3 : 2 : 1 respectively. B retires and the new profit sharing ratio between A and C is 3 : 2 . The gaining ratio is:

3 : 7

7 : 3

3 : 2

2 : 3

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