distinguish between sacrificing ratio and gainind ratio
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ANS: Sacrificing Ratio is the ratio in which old partners sacrifice their share in profits in favor of new or incoming partners, Whereas, gaining ratio is theratio in which remaining partners acquire the outgoing partner's share.
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Explanation:
sacrifice sacrifice ratio is in positive and gain ratio is always in negative. as when we divide fraction which will come in in positive that is sacrifice ratio and which is come in negative that is gain ratio..
Hope you understand..
me too commerce student..
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