[CBSE] Q. 5 Change in profit sharing ratio Solution TS Grewal Class 12 (2023-24)

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Solution to Question number 5 of the Change in Profit sharing ratio chapter 4 of TS Grewal Book class 12 CBSE 2023-24 Edition?

Pranav, Karan, and Rahim are partners sharing profits and losses in an agreed ratio. With effect from 1st April 2023, they agreed to share profit in the ratio of 3 : 3 : 4. To arrive at the new ratio, Rahim takes 1/5th share equally from Pranav and Karan. Calculate the old profit-sharing ratio.

[Ans.: Old Ratio – 2 : 2 : 1.]

Solution:-

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Anurag Pathak

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