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Geetha, Latha and Sangeetha are partners sharing profits and losses in the ratio of \(5 : 3 : 2\) respectively. Latha retires from the firm. Geetha and Sangeetha decided to share future profits in the ratio of \(3 : 2\).
Calculate Gaining Ratio of Geetha and Sangeetha.
Geetha, Latha and Sangeetha are partners sharing profits and losses in the ratio of \(5 : 3 : 2\) respectively. Latha retires from the firm. Geetha and Sangeetha decided to share future profits in the ratio of \(3 : 2\).
Calculate Gaining Ratio of Geetha and Sangeetha.
Calculate Gaining Ratio of Geetha and Sangeetha.
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To verify your calculation, add the individual gains: \(\frac{1}{10} + \frac{2}{10} = \frac{3}{10}\). This should exactly equal the retiring partner's (Latha's) old share, which was \(\frac{3}{10}\).
Updated On: Mar 16, 2026
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