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Calculating Gaining Ratio

At the time o...

Question

At the time of retirement, gaining share = share - share

A

new

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B

old

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C

sacrificing

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D

capital

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Solution

The correct options are
A new
B old
At the time of retirement,
gaining share = new share - old share
New share means share of partner before retirement and old share means share of partner after the retirement.

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