[CBSE] Q. 7 solution of Retirement of Partner TS Grewal Class 12 (2026-27)

Solution to Question number 7 of the Retirement of Partner chapter 5 of TS Grewal Book 2026-27 Edition CBSE Board.

Kumar, Lakshya, Manoj and Naresh are partners sharing profits in the ratio of 3 : 2 : 1 : 4. kumar retires and his share is taken by Lakshya and Manoj in the ratio of 3 : 2. Calculate new profit sharing ratio and gaining ratio of the remaining partners.

[Ans.: New Profit-sharing Ratio – 19 : 11 : 20; Gaining Ratio of Lakshya and Manoj will be 3 : 2. Naresh has neither sacrificed nor gained.]

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