Gaining Ratio is calculated as:
Gaining Ratio is calculated as:
a) New Profit Sharing Ratio – Old Profit sharing Ratio
b) Old Profit Sharing Ratio – New Profit sharing Ratio
c) New Profit Sharing Ratio – Sacrificing Ratio
d) New Profit Sharing Ratio – Gaining Ratio
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Ans – a)
Explanation:-
In the case of Retirement, Gaining Ratio is calculated as
Gaining Ratio = New Profit sharing ratio – Old Profit sharing ratio
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