1.

Assertion (A): Gaining ratio is calculated to determine the amount of compensation to be paid by gaining partner to the sacrificing partner.Reason (R): Gaining ratio is excess of old ratio over new ratio a) Both Assertion and Reason are correct b) Both Assertion and Reason are incorrect c) Assertion is correct but Reason is wrongd) Assertion is wrong but Reason is correct

Answer»

Correct option is c) Assertion is correct but Reason is wrong



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