[CBSE] Q. 5 Death of Partner Solution TS Grewal Class 12 (2022-23)

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Are you looking for the solution of Question number 5 of the Death of Partner Chapter of TS Grewal Book 2022-23 Edition CBSE Board?

(a) W, X, Y and Z are partners sharing profits and losses in the ratio of 1/3, 1/6, 1/3 and 1/6 respectively. Y died and W, X and Z decide to share the profits and losses equally in future. Calculate gaining ratio.

(b) A, B and C are partners sharing profits and losses in the ratio of 4 : 3 : 2. C died, A takes 4/9 of C’s share and balance is taken by B. Calculate the new profit sharing ratio and gaining ratio.

[Ans.: a) Gaining Ratio of W, X and Z – 0 : 1 : 1; (b) Gaining Ratio of A and B – 4 : 5; New Profit Sharing Ratio – 44 : 37]

Solution:-

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Anurag Pathak

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