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If the gaining ratio of two partners is 3:4, which partner gains more?

Answer and explanation

Correct answer: Second partner

In a gaining ratio, the first and second terms represent the gains of the first and second partners, respectively. In 3:4, the second partner’s share is 4, which is greater than the first partner’s share of 3; therefore, the second partner gains more. In exams, compare the terms in the same order as the partners are given.

Related tags

Gaining RatioRetirement Of PartnerPartnership AccountsRatio ComparisonNew RatiosReconstitution Retirement Or Death Of A PartnerAccountancyClass 12 Mcq

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