Question

Asha, Nimisha and Shital are partners sharing profits and losses in the ratio of 5 : 4 : 2. Shital retires. New ratio for Asha and Nimisha is 6 : 5. Calculate Gain ratio.

Answer 1

Gain ratio = New ratio – Old ratio

Asha’s Gain ratio = `6/11 - 5/11 = (6 - 5)/11 = 1/11`

Nimisha’s Gain ratio = `5/11 - 4/11 = (5 - 4)/11 = 1/11`

∴ Gain ratio for Asha and Nimisha = `1/11 : 1/11 = 1 : 1`