Q. 14 DK Goel Retirement of Partner Solutions Class 12 CBSE (2024-25)
Here are the solutions of Question number 14 of Retirement of Partner chapter 5 of DK Goel Class 12 CBSE (2024-25)
Q. 14. X, Y and Z are partners sharing profits in the ratio of 1/9 : 1/3 and 5/9. Z retires and surrenders 3/4th of this share in favour of X and remaining in favour of Y. Calculate new ratio and gaining ratio.
[Ans. New Ratio 19 : 17; Gaining Ratio 3 : 1.]
Solution:-