[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:-

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