Question

Give any one distinction between sacrificing ratio and gaining ratio.

Answer 1

Difference between Sacrificing Ratio and Gaining ratio :

$\begin{array}{cc}\text{Sacrificing Ratio}& \text{Gaining Ratio}\\ \text{It is the ratio in which the old partners have}& \text{It is the ratio in which the continuing partners}\\ \text{agreed to sacrifice their shares in profit in favour}& \text{acquire the outgoing (retired or deceased)}\\ \text{of new (incoming) partner.}& \text{partner's share.}\end{array}$