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 X, Y, Z are partners sharing profits in the ratio 3:4:3 Y retires, and X and Z share his profits in equal ratio. Find the new ratio of X and Z. 
  • a)
    1:2
  • b)
    2:1
  • c)
    3:1 
  • d)
    1:1
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
X, Y, Z are partners sharing profits in the ratio 3:4:3 Y retires, and...
X'gain = 4/5*1/2=2/10

y'gain =4/5*1/2=2/10

n.p.s.r= old ration +gain ratio

X's gain ration=3/10+2/10=5/10

y's gain rati = 3/10+2/10=5/10

n.p.s.r = 5:5=====>1:1
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Community Answer
X, Y, Z are partners sharing profits in the ratio 3:4:3 Y retires, and...
Given information:
- X, Y, Z are partners sharing profits in the ratio 3:4:3
- Y retires
- X and Z share Y's profits in equal ratio

To find:
The new ratio of X and Z

Solution:
1. Calculate the share of each partner:
- Let the total profit be 10x (assuming a common multiple of 10 for simplicity)
- Then X's share = 3/10 * 10x = 3x
- Y's share = 4/10 * 10x = 4x
- Z's share = 3/10 * 10x = 3x

2. Y retires, so his share is divided equally between X and Z:
- Y's share = 4x is divided equally between X and Z, so each gets 2x

3. Calculate the new share of X and Z:
- X's new share = 3x + 2x = 5x
- Z's new share = 3x + 2x = 5x

4. Express the new ratio of X and Z:
- The new ratio of X and Z is 5:5, which simplifies to 1:1

Therefore, the new ratio of X and Z is 1:1 (option D).
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X, Y, Z are partners sharing profits in the ratio 3:4:3 Y retires, and X and Z share his profits in equal ratio. Find the new ratio of X and Z.a)1:2b)2:1c)3:1d)1:1Correct answer is option 'D'. Can you explain this answer?
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X, Y, Z are partners sharing profits in the ratio 3:4:3 Y retires, and X and Z share his profits in equal ratio. Find the new ratio of X and Z.a)1:2b)2:1c)3:1d)1:1Correct answer is option 'D'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about X, Y, Z are partners sharing profits in the ratio 3:4:3 Y retires, and X and Z share his profits in equal ratio. Find the new ratio of X and Z.a)1:2b)2:1c)3:1d)1:1Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for X, Y, Z are partners sharing profits in the ratio 3:4:3 Y retires, and X and Z share his profits in equal ratio. Find the new ratio of X and Z.a)1:2b)2:1c)3:1d)1:1Correct answer is option 'D'. Can you explain this answer?.
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