Question:medium
A, B and C are partners sharing profits in the ratio of \(5 : 3 : 2\). If C retires, the New Profit Sharing Ratio between A and B will be :
A, B and C are partners sharing profits in the ratio of \(5 : 3 : 2\). If C retires, the New Profit Sharing Ratio between A and B will be :
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In retirement questions, if no new gaining ratio is mentioned, the simplest trick is to hide the retiring partner's share in the old ratio. The visible ratio becomes the new profit-sharing ratio as well as the gaining ratio for the remaining partners.
Updated On: Mar 16, 2026
- \(3 : 2\)
- \(5 : 3\)
- \(5 : 2\)
- \(1 : 1\)
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The Correct Option is B
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