A, B, and C are partners with equal profit sharing ratio. Their fixed capitals are Rs. 30,000, Rs. 25,000 and Rs. 30,000 respectively. C decided to take retirement. A and B decided to continue the partnership firm and change their profit sharing ratio into Capital Ratio. What is the gaining Ratio of A and B?

Question

Option 1: 6:5

Option 2: 1:1

Option 3: 7:4

Option 4: 3:2

AfterBoards · Accepted Answer

The answer is '7:4'. View full solution:

CUET Accountancy 2023 29 May Shift 2 PYQs

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