[CBSE] DK Goel Q. 49 Change in Profit Sharing Ratio Solutions Class 12 (2024-25)
Solution of Question 49 of Change in Profit sharing ratio DK Goel Class 12 CBSE (2024-25)
Yash and Karan were partners in an interior designer firm. Their fixed capitals were ₹ 6,00,000 and ₹ 4,00,000 respectively. There were credit balances in their current accounts of ₹ 4,00,000 and ₹ 5,00,000 respectively. The firm had a balance of ₹ 1,00,000 in General Reserve. The firm did not have any liability. They admitted Radhika into partnership for 1/4th share in the profits of the firm. The average profits of the firm for the last five years were ₹ 5,00,000. Calculate the value of goodwill of the firm by capitalization of average profits method. The normal rate of return in the business is 10%.
[Ans. Goodwill ₹ 30,00,000.]
Solution:-
Here are the solutions of Change in Profit Sharing ratio chapter of DK Goel Class 12 CBSE (2024-25)
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| 1 | Question – 1 | |
| 2 | Question – 2 | |
| 3 | Question – 3 | |
| 4 | Question – 4 | |
| 5 | Question – 5 | |
| 6 | Question – 6 | |
| 7 | Question – 7 | |
| 8 | Question – 8 | |
| 9 | Question – 9 | |
| 10 | Question – 10 |
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| 11 | Question – 11 | |
| 12 | Question – 12 | |
| 13 | Question – 13 | |
| 14 | Question – 14 | |
| 15 | Question – 15 | |
| 16 | Question – 16 | |
| 17 | Question – 17 | |
| 18 | Question – 18 | |
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| 21 | Question – 21 | |
| 22 | Question – 22 | |
| 23 | Question – 23 | |
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| 25 | Question – 25 | |
| 26 | Question – 26 | |
| 27 | Question – 27 | |
| 28 | Question – 28 | |
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| 30 | Question – 30 |
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| 31 | Question – 31 | |
| 32 | Question – 32 | |
| 33 | Question – 33 | |
| 34 | Question – 34 | |
| 35 | Question – 35 | |
| 36 | Question – 36 | |
| 37 | Question – 37 | |
| 38 | Question – 38 | |
| 39 | Question – 39 | |
| 40 | Question – 40 |
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| 41 | Question – 41 | |
| 42 | Question – 42 | |
| 43 | Question – 43 | |
| 44 | Question – 44 | |
| 45 | Question – 45 | |
| 46 | Question – 46 | |
| 47 | Question – 47 | |
| 48 | Question – 48 | |
| 49 | Question – 49 | |
| 50 | Question – 50 |
