Question

Give the formula of gain ratio

Answer 1

Answer:

Gaining Ratio = New Ratio – Existing, Ratio Gain of A = 4/6 – 3/6 = 1/6 Gain of C = 2/6 – 1/6 = 1/6 1/6 : 1/6 1 : 1 i.e, equal. The retiring partner's share is taken up by one of the remaining partners.