Deepak, Ram and Saurav were partners sharing profits in the ratio of 1/2, 2/5 and 1/10. Find the new ratio of the remaining partners if Saurav dies.
Old Ratio (Deepak : Ram : Saurav) = 1/2 : 2/5 : 1/10 = 5 : 4 : 1. Since no information is given about how Deepak and Ram acquire Saurav’s share, the new ratio is found simply by removing Saurav’s share.
New Profit Ratio (Deepak : Ram) = 5 : 4
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This guide covers "T.S. Grewal Class 12 Chapter 6 Q.1 - Death of a Partner", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to Chapter 6 - Death of a Partner.
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