1.(b) Old profit sharing ratio
2.The ratio in which the continuing partners acquire the out going partners share is called a gaining
ratio
3. Revaluation a/c Dr.
Unrecorded liability
4.Gainig ratio
5.Gaining ratio 5:2
6.(c) reconstitution
7.Gainig ratio = Binu = 2/3-4/9= 2/9, Jinu = 1/3-3/9 = 0, So Binu only gain
8. Goodwill = 15,000
9. 3:2
10. b) Gaining ratio