Practice free →
Home › Bihar Board Class 12 (Commerce) › Accountancy › Reconstitution of a Partnership Firm › What is the gaining ratio?

What is the gaining ratio?

ARatio of capitals of all partners
BRatio in which old partners sacrifice
CRatio in which profits were earlier shared
DRatio in which remaining partners gain a share
Answer & Solution
Correct answer: D. Ratio in which remaining partners gain a share
The gaining ratio is the proportion in which continuing partners acquire the outgoing partner's share.
Solve this in the app — Bihar Board Class 12 (Commerce) practice & 24k+ MCQs →
Related questions