Q. 17 DK Goel Retirement of Partner Solutions Class 12 CBSE (2024-25)

Here are the solutions of Question number 17 of Retirement of Partner chapter 5 of DK Goel Class 12 CBSE (2024-25)

Q. 17. X, Y and Z are partners sharing profits in the ratio of 5 : 4 : 3. X retires from the firm and it is decided that new profit sharing ratio between Y and Z will be same as existing between X and Y. Calculate new ratio and gaining ratio.

[Ans. New Ratio 5 : 4; Gaining Ratio 8 : 7]

Solution:-