Subscribe to the Channel and stay updated with the latest Educational Videos.

The time has gone where you need to spend money on tuition. Learn here on the best Educational channel for CBSE and ICSE boards.

http://www.iedubook.com/subject/cbse-&-icse-accounts-class-xii-9~

Calculation of the Gaining Ratio when new profit sharing ratio of partners is given

Ram, Shyam and Mohan who are partners in a firm, share profits and losses in the ratio of 3/5, 1/5 and 1/5. Mohan retires from this firm, and Ram and Shyam decide to share future profits and losses in the ratio of 4:3. You are required to calculate gaining ratio of the partners if any ?