[CBSE] DK Goel Q. 1 Change in Profit Sharing Ratio Solutions Class 12 (2024-25)

Solution of Question 1 of Change in Profit sharing ratio DK Goel Class 12 CBSE (2024-25)

X and Y were partners in a firm sharing profits in the ratio of 5 : 3. With effect from 1st April, 2023 they agreed to share profits equally. Calculate the individual partner’s gain or sacrifice due to change in ratio.

[Ans. X sacrifices and Y gains 1/8the share]

Solution:-

A and B were in partnership sharing profits equally. With effect from 1st April, 2023 they agreed to share profits in the ratio of 4 : 3. Calculate the individual partner’s gain or sacrifice due to change in ratio.

[Ans. A gains and B Sacrifices 1/14th share.]

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
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10	Question – 10

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12	Question – 12
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18	Question – 18
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20	Question – 20

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61	Question – 61
62	Question – 62