Q. 89 DK Goel Retirement of Partner Solutions Class 12 CBSE (2024-25)

Here are the solutions of Question number 89 Retirement of Partner chapter 5 of DK Goel Class 12 CBSE (2024-25)

A, B and C are partners with capitals of ₹ 1,00,000; ₹ 75,000 and ₹ 50,000 respectively. On C’s retirement, his share is acquired by A and B in the ratio of 6 : 4. Ascertain new profit sharing ratio and gaining ratio.

[Ans. New Ratio 8 : 7; Gaining Ratio 3 : 2]

Solution:-