If we can calculate
Gaining ratio=new ratio- old ratio
Then why can't we calculate ;
New ratio=gaining ratio +old ratio?

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Solution

Dear Student

New ratio can be calculated by adding gaining ratio to old ratio also. So
New Ratio= Gaining Ratio + Old Ratio is right

Regards

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Similar questions

Q. State whether the following statements are true or false :

Gaining ratio means old ratio minus new ratio.

Q. Old Ratio - New Ratio = _______.

Q. = Old ratio - New ratio

If the value of goodwill is Rs. 3,00,000. The PSR of A, B and C is 1:1:1. A retires and new profit sharing ratio is 1:1. B and C Capital accounts will be debited with what amount?

Q. Kumar, Lakshya, Manoj and Naresh are partners sharing profits in the ratio of

3 : 2 : 1 : 4

. Kumar retires and his share is acquired by Lakshya and Manoj in the ratio of

3 : 2

. Calculate new profit-sharing ratio and gaining ratio of the remaining partners.

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If we can calculate Gaining ratio=new ratio- old ratio Then why can't we calculate ; New ratio=gaining ratio +old ratio?

Dear Student ​​​New ratio can be calculated by adding gaining ratio to old ratio also. So New Ratio= Gaining Ratio + Old Ratio is right Regards

If we can calculate
Gaining ratio=new ratio- old ratio
Then why can't we calculate ;
New ratio=gaining ratio +old ratio?

Dear Student

New ratio can be calculated by adding gaining ratio to old ratio also. So
New Ratio= Gaining Ratio + Old Ratio is right

Regards