[CBSE] Q. 40 DK Goel Fundamentals of Partnership [2024-25]

Solution of Question Number 40 of the Fundamentals of partnership firm DK Goel CBSE Board (2024-25)

On 1st April, 2023 X, Y and Z started a business in partnership. X contributes ₹ 90,000 at first but withdraws ₹ 30,000 at the end of six months. Y introduces ₹ 75,000 at first and increases it to ₹ 90,000 at the end of four months, but withdraws ₹ 30,000 at the end of eight months. Z brings in ₹ 75,000 at first but increases it by ₹ 60,000 at the end of seven months.

During the year ended 31st March, 2024, they make a net profit of ₹ 42,000. Show how the partners should divided this amount on the basis of effective capital employed by each partner.

[Ans. Profit sharing ratio of X, Y and Z = 3 : 3 : 4.]

Solution:-

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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

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11	Question – 11
12	Question – 12
13	Question – 13
14	Question – 14
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18	Question – 18
19	Question – 19
20	Question – 20

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21	Question – 21
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24	Question – 24
25	Question – 25
26	Question – 26
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28	Question – 28
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30	Question – 30

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31	Question – 31
32	Question – 32
33	Question – 33
34	Question – 34
35	Question – 35
36	Question – 36
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39	Question – 39
40	Question – 40

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41	Question – 41
42	Question – 42
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50	Question – 50

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51	Question – 51
52	Question – 52
53	Question – 53
54	Question – 54
55	Question – 55
56	Question – 56
57	Question – 57
58	Question – 58
59	Question – 59
60	Question – 60(A), 60(B), 60 (C)

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61	Question – 61
62	Question – 62
63	Question – 63
64	Question – 64
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78	Question – 78
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81	Question – 81
82	Question – 82
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90	Question – 90

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91	Question – 91
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101	Question – 101
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110	Question – 110