[CBSE] Q. 1 Change in profit sharing ratio Solution TS Grewal Class 12 (2023-24)

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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:-

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1Question – 1
2Question – 2
3Question – 3
4Question – 4
5Question – 5
6Question – 6
7Question – 7
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12Question – 12
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20Question – 20
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24Question – 24
25Question – 25
26Question – 26
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32Question – 32
33Question – 33
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Anurag Pathak

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