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Amit, Dinesh, and Gagan are partners sharing profits in the ratio of . Dinesh retires. Amit and Gagan decide to share the profits of the new firm in the ratio of . The gaining ratio between Amit and Gagan will be:

  1. A
  2. B
  3. C
  4. D

Solution & Step-by-step Explanation

The formula for calculating the Gaining Share is:

Given details:Old Ratio of Amit, Dinesh, and Gagan = Old Shares: Amit = , Gagan = New Ratio of Amit and Gagan = New Shares: Amit = , Gagan = Calculating the gaining shares:Amit's Gain = Gagan's Gain = Comparing the gains of Amit and Gagan:

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Amit, Dinesh, and Gagan are partners sharing profits in the ratio of . Dinesh retires. Amit and Gagan decide to share the profits of the new firm in the ratio of . The gaining ratio between Amit and Gagan will be:
A
B
C
D

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