# [CBSE] Q. 3 Change in profit sharing ratio Solution TS Grewal Class 12 (2023-24)

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Are you looking for the solution to Question number 3 of the Change in Profit sharing ratio chapter 4 of TS Grewal Book class 12 CBSE 2023-24 Edition?

Question number 3 of Chapter 4 change in profit sharing ratio is a practical one.

Question – 3

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:-

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