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X and Y were partners in a firm sharing profits in the ratio of 5 : 3. With effect from 1st April, 2023 they agreed to share profits equally

38 views3 days ago[CBSE] DK Goel Change in PSR

Anurag Pathak25.45K 3 days ago 0 Comments

X and Y were partners in a firm sharing profits in the ratio of 5 : 3. With effect from 1st April, 2023 they agreed to share profits equally. Calculate the individual partner’s gain or sacrifice due to change in ratio.

[Ans. X sacrifices and Y gains 1/8the share]

Anurag Pathak Answered question 3 days ago

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Anurag Pathak25.45K Posted 3 days ago 0 Comments

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X and Y were partners in a firm sharing profits in the ratio of 5 : 3. With effect from 1st April, 2023 they agreed to share profits equally

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

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