[ISC] Q. 6 Retirement of Partner TS Grewal Solution Class 12 (2026-27)

Solution to Question number 6 of the Retirement of Partner Chapter of TS Grewal Book ISC Board 2026-27 session?

Ashwin, Umesh and Rahul are partners sharing profits and losses in the ratio of 4/9 : 1/3 : 2/9. Rahul retires from the business. Ashwin acquires 4/9th of Rahul’s share and the balance is acquired by Umesh. Calculate new profit sharing ratio and gaining ratio.

Solution:-