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Answer» Distinction between Sacrificing Ratio and Gaining Ratio | Basis of Difference | Sacrificing Ratio | Gaining Ratio | | Meaning | It is the Ratio in which the Old Partners Surrender a Part of their Share in Favour of New Partner . | It is the Ratio by which the Remaining Partners Acquire the Outgoing (Retired or Deceased) Partner’s Share. | | When Calculated | Sacrificing Ratio is Calculated at the Time of the Admission of a New Partner. | Gaining Ratio is Calculated at the Time of the Retirement or Death of a Partner. | | Formula for Calculation | Formula for Calculating this Ratio is : Sacrificing Ratio = Old Ratio – New Ratio | Formula for Calculating this Ratio is : Gaining Ratio = New Ratio – Old Ratio |
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