[DK Goel] Q. 8, 9 Retirement of Partner Solutions Class 12 CBSE (2026-27)

Here are the solutions of Question number 8, 9 of Retirement of Partner chapter 5 of DK Goel Class 12 CBSE (2026-27)

Q. 8. P, Q, R and S were partners in a firm sharing profits and losses in the ratio of 4 : 3 : 2 : 1. On 31st March, 2022, P retired from the firm. P’s share was taken over by Q, R and S in the ratio of 1 : 2 : 3. Calculate the new profit sharing ratio of Q, R and S.

[Ans. New Profit Sharing Ratio 11 : 10 : 9.]

Solution:-

Q. 9. P, Q and R are in partnership sharing profits and losses as 1/2, 2/6 and 1/6 respectively. R retires and his share is taken by P and Q in the ratio of 2 : 1. Immediately, S is admitted for 1/4th share of profit, 1/3rd of which was given by P and the remaining share was taken equally from P and Q. Calculate new profit sharing after S’s admission.

[Ans. New Profit Sharing Ratio of P, Q and S = 16 : 11 : 9.]

Solution:-