Q. 12. Akhil, Tanish and Rajan are partners sharing profits in the ratio of 3: 2: 1. Rajan retires and gifted 1/2 of his share to Akhil and gives remaining share to Akhil and Tanish in the ratio of 1: 2.
Calculate the New Profit-sharing Ratio and Gaining Ratio of Akhil and Tanish.
[Ans.: New Profit-sharing Ratio—11:7; Gaining Ratio-2:1.]
Solution :
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