Q. 10 DK Goel Retirement of Partner Solutions Class 12 CBSE (2024-25)

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Here are the solutions of Question number 10 of Retirement of Partner chapter 5 of DK Goel Class 12 CBSE (2024-25)

Q. 10 (A). A, B and C were partners sharing profits in the ratio of 7 : 5 : 3. Find out the gaining ratio and new ratios when (I) A retires, (ii) B retires or (iii) C retires.

[Ans. Gaining Ratios – (i) 5 : 3; (ii) 7 : 3; (iii) 7 : 5, New Ratios – (i) 5 : 3; (ii) 7 : 3; (iii) 7 : 5]

Solution:-

Q. 10 (B) X, Y and Z share profits in the ratio of 1/2, 3/10, 1/5. Calculate the gaining ratio and new ratios when:

(i) X dies, (ii) Y dies or (iii) Z dies.

[Ans. Gaining Ratios – (i) 3 : 2; (ii) 5 : 2; (iii) 5 : 3. New Ratios – (i) 3 : 2, (ii) 5 : 2; (iii) 5 : 3.]

Solutoin:-

Q. 10 (C). P, Q, R and S were partners sharing profits in the ratio of 5 : 4 : 3 : 1. P and S retire from the firm. Calculate the gaining ratio and new profit sharing ratio of Q and R.

[Ans. Gaining Ratio – 4 : 3 and New Ratio – 4 : 3.]

Solution:-

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Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his Youtube channel for free lectures

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