Give the formula for calculating Gain Ratio.
Answers
Answer:
Explanation:
The formula to Gain Ratio
Gain Ratio = New Ratio – Old Ratio
for example :-
Deepa, Aravind, and Deepak divided profit and losses in the ratio of 3:2:1, respectively. Deepa retires and Arvindh and Deepak decide to divide Amit’s share in the existing ratio i.e. 2:1. Now calculate the new ratio and gaining ratio.
Solution: The existing ratio between Arvindh and Deepak = 2/6 and 1/6
Deepa’s ratio (retiring partner) = 3/6
Deepa’s share taken by Arvindh and Deepak in the ratio of 2:1
Arvindh gets = 3/6 * 2/3 = 6/18
Deepak gets = 3/6 * 1/3 = 3/18
New ratio between Arvindh and Deepak is = 6:3 = 2:1
Gaining ratio= New Ratio – Old Ratio
Arvindh’s gain = 2/3 – 2/6 = 2/6
Deepak’s gain = 1/3 – 1/6 = ⅙
Gaining ratio = 2:1
New Ratio = 2:1
Answer:
Gain Ratio =New Ratio - Old Ratio
Explanation:
aabbcc