[CBSE] Q. 14 DK Goel Fundamentals of Partnership [2024-25]

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Solution of Question Number 14 of the Fundamentals of partnership firm DK Goel CBSE Board (2024-25)

A, B and C are partners sharing the profits and losses in the ratio of 2 : 3 : 5. On 1st July, 2023, A and B granted loans of ₹ 2,00,000 and ₹ 1,00,000 respectively to the firm. Show the distribution of profits/losses for the year ended 31st March, 2024, in the following cases:

Case (a) If the profits before interest for the year amounted to ₹ 7,500.

Case (b) If the loss before interest for the year amounted to ₹ 7,500.

[Ans.]

Case (a) Share of Loss A ₹ 1,200; B ₹ 1,800 and C ₹ 3,000;

Case (b) Share of Loss A ₹ 4,200; B ₹ 6,300 and C ₹ 10,500;]

Solution:-

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60Question – 60(A), 60(B), 60 (C)
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Anurag Pathak
Anurag Pathak

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