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Home › CBSE Class 12 (Commerce) › Accountancy › Accounting for Partnership Firms: Retirement and Death of a Partner › Rajender, Satish, Tejpal share 2:2:1; Satish exi…

Rajender, Satish, Tejpal share 2:2:1; Satish exits; new 3:2. Gaining ratio?

A2:1
B3:2
C1:1
D1:2
Answer & Solution
Correct answer: C. 1:1
Rajender gains 3/5-2/5=1/5 and Tejpal gains 2/5-1/5=1/5, so they gain equally.
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