[ISC] Q. 7 Retirement of Partner TS Grewal Solution Class 12 (2026-27)

Solution to Question number 7 of the Retirement of Partner Chapter of TS Grewal Book ISC Board 2026-27 session?

Akhil, Bhanu and Charu are partners sharing profits in the ratio of 4/9 : 1/3 : 2/9. Bhanu retires and gives 1/9 from his share to Akhil and the balance to Charu. Calculate new profit sharing ratio and gaining ratio.

Solution:-