Question

A, B and C are partners sharing profits and losses in the ratio of 3:2:1 C retire from the firm and A and B decides to share profits in the ratio of 5:3 .What will be the gaining ratio?

• A. 2:2
• B. 3:1
• C. 1:2
• D. 1:3

Answer 1

Answer:

B. 3:1