English

What is gaining ratio?

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Question

What is gaining ratio?

Short Answer
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Solution

Gaining ratio is the proportion of the profit which is gained by the continuing partner. Gaining ratio = Ratio of share gained by the continuing partners.

Share gained = New share – Old share

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Chapter 6: Retirement and death of a partner - Very short answer questions [Page 216]

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Samacheer Kalvi Accountancy [English] Class 12 TN Board
Chapter 6 Retirement and death of a partner
Very short answer questions | Q II 2. | Page 216
D. K. Goel Accountancy Part 1 and 2 [English] Class 12 ISC
Chapter 4 Retirement or Death of a Partner
SHORT ANSWER QUESTIONS | Q 3. (i) | Page 4.127
D. K. Goel Accountancy Part 1 and 2 [English] Class 12 ISC
Chapter 4 Retirement or Death of a Partner
SHORT ANSWER QUESTIONS | Q 17. | Page 4.128
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