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Madhu, Neha and Tina are partners sharing profits in the ratio of `5:3:2`. Calculate new profit sharing ratio and gaining ratio if 1. Madhu retires 2. Neha retires 3. Tina retires. |
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Answer» Given old ratio among Madhu : Neha Tina as `5 : 3: 2` 1 If Madhu retires, new profit sharing Ratio between Neha and Tina will be Neha : Tina = `3 : 2` and Gaining Ratio of Neha and Tina = `3 : 2` 2. If Neha retires new profit sharing Ratio between Madhu and Tina will be Madhu : Tina = `5 : 2` Gaining Ratio of Madhu and Tina = `5 : 2` 3. If Tina retires, new profit sharing ratio between Madhu and Neha will be: Madhu : Neha = `5 : 3` Gaining ratio of Madhu and Neha = 5 : 3` |
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