Question
Accountancy Question on Profit sharing ratio
The old profit sharing ratio among A, B and C were 2:2:1. The new Profit sharing ratio after B's retirement is 3:2. The gaining ratio is-
A
2:1
B
3:2
C
1:1
D
2:3
Answer
2:1
Explanation
Solution
The correct option is (A) :2:1.