Q. 7 DK Goel Retirement of Partner Solutions Class 12 CBSE (2024-25)

Here are the solutions of Question number 7 of Retirement of Partner chapter 5 of DK Goel Class 12 CBSE (2024-25)

Aman, Naman and Neel were partners in a firm sharing profits in the ratio of 1 : 2 : 1. Neel retires and he surrenders 2/3rd of his share in favour of Aman and the remaining share in favour of Naman.

Calculate the new profit sharing ratio of Aman and Naman.

[Ans. New profit sharing Ratio = 5 : 7]

Solution:-