Question : X, Y and Z are partners sharing profit and losses in the ratio of 3:2:1. Y died, and X and Z share profit and losses in the ratio of 3:2. Their gaining ratio will be
Option 1: 3:1
Option 2: 1:3
Option 3: 3:7
Option 4: None of the above
Correct Answer: 3:7
Solution : Answer =3:7
G.Ratio= N.R- O.R X=$\frac{3}{5}-\frac{3}{6}=\frac{18-15}{30}=3 / 30$ Z= $\frac{2}{5}-\frac{1}{6}=\frac{12-5}{30}=7/ 30$ G.Ratio= 3:7. Hence, the correct option is 3.
Question : Hari, Mohan and Sohan are partners sharing profit and losses in the ratio of 5:3:2. Mohan died. His share of profit is to be taken by Hari and sohan in the ratio of 2:1. Calculate the new profit-sharing ratio and also calculate the gaining ratio
Option 1: New ratio 7:3 and Gaining ratio 2:1
Option 2: New ratio 7:3 and Gaining ratio 2:1
Option 3: Both A and B are correct
Question : X, Y and Z are partners sharing profits and losses in the ratio of 4: 3: 2. Y retires and give 1/9th of his share to X and the remaining to Z new profit-sharing ratio and the gaining ratio of the firm will be
Option 1: 13:14, GR 1:8
Option 2: 4:2
Option 3: 4:3
Option 4: 13:14, GR 1:3
Question : Divya, Vikas and Varun are partners sharing profits in the ratio of 1/2: 1/8: 3/8 respectively. Vikas retires and surrenders 1/9 th from his share in favour of Divya and the remaining in favour of Varun. gaining ratio and new profit-sharing ratio will be :
Option 1: Gaining ratio 8: 1 and new profit sharing ratio 11: 7
Option 2: Gaining ratio 11: 7 and new profit sharing ratio 8: 1
Option 3: Gaining ratio 4: 2 and new profit sharing ratio 7: 11
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