Partnership

Retirement/Death

Easy

common

Match the LIST-I with LIST-II

LIST-I LIST-II
A. Gaining Ratio I. Average Profit × 100/ Normal Rate of Return
B. Goodwill II. Old Ratio - New Ratio
C. Sacrificing Ratio III. Super Profit × 100/ Normal Rate of Return
D. Capitalised Value IV. New Ratio - Old Ratio

Choose the correct answer from the options given below:

LIST-I		LIST-II
A.	Gaining Ratio	I.	Average Profit × 100/ Normal Rate of Return
B.	Goodwill	II.	Old Ratio - New Ratio
C.	Sacrificing Ratio	III.	Super Profit × 100/ Normal Rate of Return
D.	Capitalised Value	IV.	New Ratio - Old Ratio

A-IV, B-III, C-II, D-I

A-II, B-I, C-IV, D-III

A-I, B-II, C-IV, D-III

A-III, B-IV, C-I, D-II

✅ Correct Option: 1

A gaining partner's share rises, so Gaining Ratio $=$ New $-$ Old (IV). Under the capitalisation of super profit method, Goodwill $=$ Super Profit $\times 100/$ Normal Rate of Return (III). A sacrificing partner's share falls, so Sacrificing Ratio $=$ Old $-$ New (II). Capitalised value of the firm $=$ Average Profit $\times 100/$ Normal Rate of Return (I).

2025: 22 May Shift 1

R, S and K are partners sharing profits in the ratio 8:6:4. On the retirement of R, the new profit sharing ratio between S and K was decided to be 5:3. The Gaining ratio is -

2026: 29 May Shift 2

Puja, Priya, Pratistha are partners sharing profits and losses in the ratio of 5 : 3 : 2. Priya retires. Her share is taken by Puja and Pratistha equally. Calculate the gaining ratio.

2025: 22 May Shift 2

Share of loss of deceased partner, calculated on the basis of previous years profit is

2026: 12 May Shift 1

In the absence of any information regarding the acquisition of share in profit of the deceased partner by the remaining partners, an assumption is made that they will acquire his share in-

2025: 27 May Shift 1

Gobind, Hari and Pratap are partners. On retirement of Gobind, the goodwill already appears in the Balance Sheet at Rs. 24,000. The goodwill will be written-off -

2025: 3 June Shift 2

Rohan, Bharti and Leela are partners. On the retirement of Rohan, the goodwill already appears in the balance sheet at Rs. 24,000. The goodwill will be written-off:

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