[CBSE] Q. 1 Change in profit sharing ratio Solution TS Grewal Class 12 (2023-24)
Solution to Question number 1 of the Change in Profit Sharing Ratio chapter 4 of TS Grewal Book class 12 CBSE 2023-24 Edition?
Om and Shyam are sharing profits and losses equally. With effect from 1st April 2023, they agree to share profits in the ratio of 4 : 3. Calculate the individual partner’s gain or sacrifice due to the change in ratio.
[Ans.: Om gains and Shyam sacrifices 1/14th share]
Solution:-
Here is the list of all Solutions
| S.N | Questions |
| 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 |
