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    5. X, Y and Z are partners sharing profits in the ratio of 3 : 2 : 1. Y retires. X & Z agreed to share

    Question

    X, Y and Z are partners sharing profits in the ratio of

    3 : 2 : 1. Y retires. X & Z agreed to share profits in the ratio of 3 : 2. Calculate gaining ratio.
    A 7 : 3 Correct Answer Incorrect Answer
    B 4 : 3 Correct Answer Incorrect Answer
    C 3 : 7 Correct Answer Incorrect Answer
    D 3 : 4 Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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    Relevant for Exams:

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