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Question
Gaining Ratio:
Options
New Ratio − Sacrificing Ratio
Old Ratio − Sacrificing Ratio
New Ratio − Old Ratio
Old Ratio − New Ratio
MCQ
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Solution
New Ratio − Old Ratio
Explanation:
Gaining Ratio = New Ratio − Old Ratio
It is the ratio in which the remaining partners gain the share of the retiring or deceased partner.
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