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
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.
Question : The sacrifice ratio is calculated using the following formula -
Option 1: New share – Old share
Option 2: Old Ratio – Gaining Ratio
Option 3: Gaining Ratio – Old Ratio
Option 4: Old share – New share
Question : ‘Gaining Ratio’ means -
Option 1: Old Ratio – New Ratio
Option 2: Old Ratio – Sacrificing Ratio
Option 3: New Ratio – Old Ratio
Option 4: New Ratio – Sacrificing Ratio
Question : Choose which of the following statements is correct in respect of Sacrificing Ratio:
Option 1: Old ratio – New ratio
Option 2: New Ratio – Old Ratio
Option 3: Old Ratio – Gaining Ratio
Option 4: Gaining Ratio – Old Ratio
Question : New Ratio =
Option 1: Old Ratio – Sacrificing Ratio
Option 3: Both 1 and 2
Option 4: None of the above
Question :
Gaining ratio means
Option 1: Old ratio-sacrificing ratio
Option 2: New ratio- sacrificing ratio
Option 3: New ratio–old ratio
Option 4: Old ratio–New ratio
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