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Lal, Bal and Pal are partners sharing profits in the ratio of 5 : 3 : 7. Lal retired from the firm. Bal and Pal decided to share future profits in the ratio of 2 : 3. The adjusted Capital Accounts of Bal and Pal showed balances of ₹ 49,500 and ₹ 1,05,750 respectively. The total amount to be paid to Lal is ₹ 1,35,750. This amount is to be paid by Bal and Pal in a manner that their capitals become proportionate to their new profit-sharing ratio.

Calculate the amount to be brought or to be paid to partners.

[Ans.: Bal brings ₹ 66,900 and Pal brings ₹ 68,850.]

Anurag Pathak Changed status to publish November 12, 2023
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