MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

New Profit Sharing Ratio

= Old ratio -...

Question

= Old ratio - New ratio

A

Sacrificing ratio

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

B

Gaining ratio

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

New profit ratio

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

Capital ratio

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A Sacrificing ratio
Sacrificing ratio = Old ratio - New ratio

Suggest Corrections

thumbs-up

4

Similar questions

Q. Old Ratio - New Ratio = _______.

Q. Old profit sharing ratio minus new profit sharing ratio is equal to _______________.

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

Gaining ratio means old ratio minus new ratio.

Q. The ratio of old price and new price of an item is 3:4. If old price is $15, new price is ____

Q. At the time of admission of new partner, old partner's profit sharing ratio is not changed, the sacrificing ratio is ______.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Goodwill

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

New Profit Sharing Ratio

Standard XII Accountancy

Join BYJU'S Learning Program

CrossIcon