Question : Gaining ratio =
Option 1: New ratio - Sacrifice ratio
Option 2: Old ratio – Sacrifice ratio
Option 3: New ratio – Old ratio
Option 4: Old ratio – New ratio
Answer (1)
24th Jan, 2024
Correct Answer: New ratio – Old ratio
Solution : Answer = New ratio – Old ratio
The gaining ratio in a partnership refers to the change in the profit-sharing ratio for partners due to the admission of a new partner or the retirement/death of an existing partner. It is calculated by subtracting the old ratio (before the change) from the new ratio (after the change).
Hence, the correct ratio is 3.
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