Q. 17 DK Goel Retirement of Partner Solutions Class 12 CBSE (2024-25)

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Here are the solutions of Question number 17 of Retirement of Partner chapter 5 of DK Goel Class 12 CBSE (2024-25)

Q. 17. X, Y and Z are partners sharing profits in the ratio of 5 : 4 : 3. X retires from the firm and it is decided that new profit sharing ratio between Y and Z will be same as existing between X and Y. Calculate new ratio and gaining ratio.

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[Ans. New Ratio 5 : 4; Gaining Ratio 8 : 7]

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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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