MyQuestionIcon

1

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

Calculating Gaining Ratio

The ratio in ...

Question

The ratio in which the remaining partners acquire the outgoing partner's share of profit is called ______.

A

None of the above

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

B

Old Ratio

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

C

Gaining Ratio

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

D

Sacrificing ratio

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

Open in App

Solution

The correct option is C
Gaining Ratio

The ratio in which the remaining partners acquire the outgoing partner's share of profit is called gaining ratio.

Suggest Corrections

thumbs-up

0

Similar questions

Q. The ratio in which the remaining partners acquire the outgoing partner's share of profit is called ratio.

P

Q

are partners sharing profits in the ratio of

3 : 2

R

, a new partner who acquired

1 / 5^{t h}

of his share from

P

4 / 25^{t h}

Q

. Calculate New Profit Sharing Ratio and Sacrificing Ratio.

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.

A

B

are partners sharing profits in the ratio of

3 : 2

C

is admitted as a partner. The new profit-sharing ratio among

A, B

C

4 : 3 : 2

. Find out the sacrificing ratio.

P,Q and R were partners in a firm sharing profits in the ratio of 3:2:1. They admitted S as a new partner for 1/8th share which be acquired from the partners in their old ratio. Find out new ratio.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Retirement of a Partner- I

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Calculating Gaining Ratio

Standard XII Accountancy

Join BYJU'S Learning Program

CrossIcon