Gaining Ratio is calculated at the time of retirement or death of partner. It is the excess of new ratio over old ratio of old partners except retire or dead partner.
Gaining Ratio = New Ratio - Old Ratio
We can understand this ratio as the share of profit which is given by retired partner to the partners who are still exist in partnership firm.
Gaining Ratio = New Ratio - Old Ratio
We can understand this ratio as the share of profit which is given by retired partner to the partners who are still exist in partnership firm.
