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Question Practice

Which of the following best describes 'gaining ratio'?

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

Which of the following best de...

Single Answer MCQ
Q-00082219

Which of the following best describes 'gaining ratio'?

1

The increase in partnership capital.

2

The ratio indicating how much profit is to be shared.

3

The ratio of partners acquiring share from a retired partner.

4

The ratio of total partnership assets.

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