[CBSE] DK Goel Q. 2 Change in Profit Sharing Ratio Solutions Class 12 (2024-25)

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Solution of Question 2 of Change in Profit sharing ratio DK Goel Class 12 CBSE (2024-25)

A, B and C were in partnership sharing profits in the ratio of 4 : 3 : 1. The partners agreed to share future profits in the ratio of 5 : 4 : 3. Calculate each partner’s gain or sacrifice due to change in ratio.

[Ans. A sacrifices 2/24; B sacrifices 1/24 and C gains 3/24.]

Solution:-

Mahesh, Naresh and Om were partners sharing profits in the ratio of 2 : 3 : 4. With effect from 1st April, 2023 they agreed to share profits in the ratio of 1 : 2 : 3. Calculate each partner’s gain or sacrifice due to change in ratio.

[Ans. Mahesh sacrifices and Om gains 1/18th share.]

Solution:-

Here are the solutions of Change in Profit Sharing ratio chapter of DK Goel Class 12 CBSE (2024-25)

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1Question – 1
2Question – 2
3Question – 3
4Question – 4
5Question – 5
6Question – 6
7Question – 7
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57Question – 57
58Question – 58
59Question – 59
60Question – 60
61Question – 61
62Question – 62
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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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