[CBSE] Q. 11 solution of Retirement of Partner TS Grewal Class 12 (2026-27)

Solution to Question number 11 of the Retirement of Partner chapter 5 of TS Grewal Book 2026-27 Edition CBSE Board.

P, Q and R are partners sharing profits in the ratio of 7 : 5 : 3. P retires and it is decided that profit sharing ratio between Q and R will be same as existing between P and Q. Calculate New Profit sharing ratio and Gaining Ratio.

[Ans.: New Profit Sharing Ratio of Q and R – 7 : 5; Gaining Ratio – 15 : 13.]

Solution:-