L, M and N are partners sharing profit and losses in the ratio of 25:15:9 . M retires. It is decided that the profit sharing ratio between remaining partner will be the same as existing between M and N after the retirement of L. Calculate Gaining ratio

- a)45:80
- b)45:75
- c)40:75
- d)55:75

Correct answer is option 'B'. Can you explain this answer?

14 Answers

Aditya Kumar The Best
answered
Feb 14, 2020

Old Share 25 : 15 : 9

L’s share = 25/29

Gain Ratio = 45: 75

L’s share = 25/29

Gain Ratio = 45: 75

Manya Jain
answered
4 days ago

The value of assets is loss day by day by using the assets is know as depreciation.

Ritika Saroha
answered
Jul 30, 2018

No, this question is wrong firstly there is retirement of L not M. then also in this case gaining and new ratio is same as no information is given in The question so according to L 's retirement gaining ratio will be 15:9

Ishan Singh
answered
Jun 23, 2018

YA BRO I CAN EXPLAIN. OLD RATIO = 25:15:9 AND PER QUESTION NEW RATIO BETWEEN L AND N= 15:9 GAINING RATIO= OLD-NEW L'S GAIN=25/49-15/24= 135/1176 N'S GAIN= 9/49-9-24= 225/1176 SO, GAINING RATIO WILL BE 135:225 SO, BY DIVIDING BY 3 = 45/392, 75/392 OR 45:75 I HOPE YOU WILL UNDERSTAND. IF NOT TELL ME I WILL HELP YOU OUT.

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