[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
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5Question – 5
6Question – 6
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55Question – 55
56Question – 56
57Question – 57
58Question – 58
59Question – 59
60Question – 60
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Anurag Pathak

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