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

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:-