[ISC] Q. 10 Retirement of Partner TS Grewal Solution Class 12 (2026-27)
Solution to Question number 10 of the Retirement of Partner Chapter of TS Grewal Book ISC Board 2026-27 session?
Amal, Bimal, Chetan and Dhruv are partners sharing profits and losses in the ratio of 3: 3: 2: 1. Amal retires from the business. Bimal is not interested to increase his share of profit. Dhurv is interested to take 2/3rd of Amal’s share and Chetan is interested to take over the balance.
You are required to calculate the Gaining Ratio and New Profit-sharing Ratio.
Solution:
