[CBSE] Q. 6 solution of Retirement of Partner TS Grewal Class 12 (2023-24)

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Solution to Question number 6 of the Retirement of Partner chapter 5 of TS Grewal Book 2023-24 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 retires 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 retires from the business. 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:-

Here is the list of all Solutions of Retirement of Partners of TS Grewal class 12 CBSE 2023-24.

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1Question – 1
2Question – 2
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4Question – 4
5Question – 5
6Question – 6
7Question – 7
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43Question – 43
44Question – 44
45Question – 45
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51Question – 51
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53Question – 53
54Question – 54
55Question – 55
56Question – 56
57Question – 57
58Question – 58
59Question – 59
60Question – 60
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Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his Youtube channel for free lectures

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