[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:-
Here is the complete index of solutions
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| 40 | Question – 40 |
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| 41 | Question – 41 |
| 42 | Question – 42 |
| 43 | Question – 43 |
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| 60 | Question – 60(A), 60(B), 60 (C) |
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| 61 | Question – 61 |
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| 101 | Question – 101 |
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| 105 | Question – 105 |
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| 108 | Question – 108 |
| 109 | Question – 109 |
| 110 | Question – 110 |
