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RP
Question Practice

What is the gaining ratio when a partner retires?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - I
Reconstitution of a Partnershi...
Question Bank

What is the gaining ratio when...

Single Answer MCQ
Q-00082234

What is the gaining ratio when a partner retires?

1

Old share divided by the total share

2

New share minus old share

3

Share of profit before retirement

4

The average of all partners' shares

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Q4.

Discuss the various methods of computing the share in profits in the event of death of a partner.

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