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प्रश्न
State whether the following statements is true or false :
Gaining ratio means old ratio minus new ratio.
पर्याय
True
False
MCQ
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उत्तर
False
Explanation: Gaining ratio is the ratio in which continuing partners acquire the retiring partner’s share. In other words,
Gaining Ratio = New Ratio – Old Ratio
Hence, the given statement is incorrect.
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