Aman, Yatin and Uma were partners and were sharing profits and losses in the ratio of 5: 3: 2. Uma retired and her share was taken over by Aman and Yatin in 5:3 ratio. Calculate the gaining ratio and new ratio of Aman and Yatin. (C.B.S.E.2018, Comptt.)

Aman, Yatin and Uma were partners and were sharing profits and losses in the ratio of 5: 3: 2. Uma retired and her share was taken over by Aman and Yatin in 5:3 ratio. Calculate the gaining ratio and new ratio of Aman and Yatin. (C.B.S.E.2018, Comptt.)

Post category:Accountancy
Reading time:1 mins read

SOLUTION

Gaining Ratio 5: 3; New Ratio 5: 1

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