[CBSE] Q. 6 solution of Retirement of Partner TS Grewal Class 12 (2026-27)
Solution to Question number 6 of the Retirement of Partner chapter 5 of TS Grewal Book 2026-27 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:-
