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Gaining Ratio is...

Gaining Ratio is

A

old Profit-sharing Ratio less New Profit-sharing Ratio

B

Old Profit-sharing Ratio

C

New Profit-sharing Ratio

D

New Profit-sharing Ratio less Old Profit-sharing ratio

Text Solution

Verified by Experts

The correct Answer is:
D
New Profit-sharing Ratio less Old Profit-sharing ratio
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  7. A,B and C are the partners sharing profits in the ratio 3 : 2 : 1,C r...

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  9. A, B and C are partners, sharing profits and losses in 3 : 2 : 1, B di...

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  10. A, B and C are partners, B retires from the firm, on the date of his r...

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  12. Claim of the retiring partner is payable in the following form

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  14. A, B and C are partners in the firm, sharing profits in the ratio of 2...

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  15. X, Y and Z are partners, sharing profits in the ratio of 2 : 2 : 1, Y ...

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  20. As per Section 37 of the Indian Partnership Act, 1932, the executors w...

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