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Question 10 Chapter 6 of +2-Part-1
10. (Gaining Ratio) X, Y and Z are sharing profits in the ratio of 5: 4: 3. Y retires. Calculate the gaining ratio if :
Calculation of Gaining ratio
Gaining ratio = New share – old share
| (a) | X | Y | Z | |
| New ratio | = | 1 | - | 1 |
| Old ratio | = | 5 | 4 | 3 |
| X's gain | = | 1 | - | 5 |
| 2 | 12 | |||
| = | 1 | |||
| 12 |
| Z's gain | = | 1 | - | 3 |
| 2 | 12 | |||
| = | 3 | |||
| 12 |
| So, Gaining Ratio of X & Z | = | 1 | : | 3 |
| 12 | 12 | |||
| = | 1 | : | 3 |
| (b) | X | Y | Z | |
| New ratio | = | 7 | - | 5 |
| Old ratio | = | 5 | 4 | 3 |
| X's gain | = | 7 | - | 5 |
| 12 | 12 | |||
| = | 2 | |||
| 12 |
| Z's gain | = | 5 | - | 3 |
| 12 | 12 | |||
| = | 2 | |||
| 12 |
| So, Gaining Ratio of X & Z | = | 2 | : | 2 |
| 12 | 12 | |||
| = | 2 | : | 2 | |
| = | 1 | : | 1 |
| (c) | X | Y | Z | |
| New ratio | = | 5 | - | 7 |
| Old ratio | = | 5 | 4 | 3 |
| X's gain | = | 5 | - | 5 |
| 12 | 12 | |||
| = | Nil |
| Z's gain | = | 7 | - | 3 |
| 12 | 12 | |||
| = | 4 | |||
| 12 |
| So, Gaining Ratio of X & Z | = | Nil | : | 4 |
| 12 |
Comment if you have any questions.
Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
This guide covers "Question 10 Chapter 6 of +2 Part-1 - USHA Publication 12 Class Part - 1", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to USHA Publication +2 Part 1.
It is primarily curated for Class 11 and Class 12 high school commerce, accounting, and economics students, as well as aspirants preparing for board exams or CA Foundation.
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