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P, Q and R are partners sharing profits ...

P, Q and R are partners sharing profits in the ratio of `5:4:3`. Q retires and P and R decide to share future profits equally. Gaining Ratio will be:

A

`5:3`

B

`1:1`

C

`1:3`

D

`3:1`

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The correct Answer is:
C
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DK GOEL-RETIREMENT OR DEATH OF A PARTNER-Multiple Choice Questions
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