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?

Commerce Question

By Manish Pandey · Sep 24, 2018 ·Commerce
14 Answers
Aditya Kumar The Best answered Feb 14, 2020
Old Share 25 : 15 : 9
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.

Hardik Handa answered 2 weeks ago
Old Share 25 : 15 : 9
L’s share = 25/29
Gain Ratio = 45: 75

Jatin Singh answered 3 weeks ago
Old Share 25 : 15 : 9
L’s share = 25/29
Gain Ratio = 45: 75

Hardik Mittal answered 3 weeks ago
Old Share 25 : 15 : 9
L’s share = 25/29
Gain Ratio = 45: 75

Knowledge Hub answered Feb 13, 2020
Old Share 25 : 15 : 9
L’s share = 25/29
Gain Ratio = 45: 75

Chan singh answered 3 weeks ago
Old Share 25 : 15 : 9
L’s share = 25/29
Gain Ratio = 45: 75

Sunil Chahar answered 3 weeks ago
Old Share 25 : 15 : 9
L’s share = 25/29
Gain Ratio = 45: 75

Sarita Meena answered Sep 24, 2018
Option b is correct 45:75.....

Raman Singh answered 3 weeks ago
Old Share 25 : 15 : 9
L’s share = 25/29
Gain Ratio = 45: 75

Shourya Goel answered Feb 22, 2020
Old Share 25 : 15 : 9
L’s share = 25/29
Gain Ratio = 45: 75

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.

Sanjeev Kumar answered 2 weeks ago
Old Share 25 : 15 : 9
L’s share = 25/29
Gain Ratio = 45: 75

This discussion on 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 ratioa)45:80b)45:75c)40:75d)55:75Correct answer is option 'B'. Can you explain this answer? is done on EduRev Study Group by Commerce Students. The Questions and Answers of 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 ratioa)45:80b)45:75c)40:75d)55:75Correct answer is option 'B'. Can you explain this answer? are solved by group of students and teacher of Commerce, which is also the largest student community of Commerce. If the answer is not available please wait for a while and a community member will probably answer this soon. You can study other questions, MCQs, videos and tests for Commerce on EduRev and even discuss your questions like 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 ratioa)45:80b)45:75c)40:75d)55:75Correct answer is option 'B'. Can you explain this answer? over here on EduRev! Apart from being the largest Commerce community, EduRev has the largest solved Question bank for Commerce.