Question
Accountancy Question on Partnership
A, B, C were partners in a partnership firm their profit sharing ratio was 5:3:2. B retires and the new profit sharing ratio between A and C was 3:2. Calculate gaining ratio.
A
3:8
B
1:3
C
7:2
D
1:2
Answer
1:2
Explanation
Solution
The correct option is (D):1:2