Question

difference between gaining and sacrificing ratio​

Answer 1

1.Sacrifice ratio is calculated at the time of admission of new partner but gaining ratio is calculated at the time of retirement of a partner. 2. Total  of each old partner's Sacrifice will be equal to new ratio of new admitted partner. 

Total  of each old partner's Sacrifice will be equal to new ratio of new admitted partner. total of gaining share of each partner will be equal to the old ratio of retired Total  of each old partner's Sacrifice will be equal to new ratio of new admitted partner. total of gaining share of each partner will be equal to the old ratio of retired