A, B and C are partners sharing profits in the ratio of 5 : 3 : 2. C retires and his share is taken by A. Calculate new profit sharing ratio of A and B.
Solution :
Q. 9 Class 12 – Retirement of Partner Solutions TS Grewal (2025-26) [CBSE] Explained
Share Your Friends
Meet Your Tutor
M Meenakshi
Worked as a lecturer , educator
I am a M. Com Gold Medalist from Osmania University in 1999. And a UGC NET Qualified in June 1999.
My passion and interest are in the areas of Accountancy & Financial Management. Over the last ~20 years, I have been teaching students (predominantly in Class XI, XII – All Boards and B. Com Students across Universities.