[CBSE] Q. 3 Change in profit sharing ratio Solution TS Grewal Class 12 (2023-24)
Solution to Question number 3 of the Change in Profit sharing ratio chapter 4 of TS Grewal Book class 12 CBSE 2023-24 Edition.
X, Y, and Z are sharing profits and losses in the ratio of 5 : 3 : 2. With effect from 1st April 2023, they decide to share profits and losses equally. Calculate each partner’s gain or sacrifice due to the change in the ratio.
[Ans.: Y gains 1/30th, Z gains 4/30th, and X sacrifices 5/30th 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 |