Question

what is gaining ratio ​

Answer 1

Answer:

gaining ratio means the ratio at which partners gain from the share of any other partners

gain = new share - old share

for ex. if A and B are partners with equal profit sharing ratio now they have changed the ratio to 3:1

earlier A was getting 1 out of 2

now he is getting 3 out of 4

so he gained 1/4

earlier B was getting 1 out of 2

now he is getting 1 out of 4

so he sacrificed 1/4

Answer 2

Answer:

Explanation:

gaining ratio is computed during the death or retirement of a partner. It is the ratio in which the existing partners obtain the profit portion of the departing partner's. ... Usually, the continuing partners obtain the share of the retiring/dead partner from their old profit sharing ratio.