Rana, Sana and Kamana are partners, sharing profits in the ratio 4:3:2. Rana retires; Sana and Kamana decided to share profits in the future in the ratio of 5:3. The Gaining Ratio of Sana and Kamana will be
Correct Answer :
21:11
Solution :
The correct option is 21:11.
Step-by-Step Explanation:
To find the gaining ratio of the remaining partners (Sana and Kamana) after Rana's retirement, we use the following formula:
1. Identify the Old Ratio and Old Shares:
The old profit-sharing ratio among Rana, Sana, and Kamana is 4:3:2.
Therefore, their old shares are:
Rana's old share =
Sana's old share =
Kamana's old share =
2. Identify the New Ratio and New Shares:
After Rana retires, the new profit-sharing ratio between Sana and Kamana is decided as 5:3.
Therefore, their new shares are:
Sana's new share =
Kamana's new share =
3. Calculate the Gaining Share for each remaining partner:
For Sana:
Taking the common denominator of 8 and 9, which is 72:
For Kamana:
Taking the common denominator of 72:
4. Determine the Gaining Ratio:
Comparing the gains of Sana and Kamana:
Hence, the gaining ratio of Sana and Kamana is 21:11.
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