Question 9 Chapter 4 of Class 12 Part - 1 VK Publication

Question 9 Chapter 4 of Class 12 Part - 1

9. Rohan and Mohan are partners in a firm sharing profits in the ratio of 5:3 respectively. They admit Bhim as a partner for 1/7th share in the profit. The new profit-sharing ratio will be 4:2:1. Calculate Sacrificing Ratio of Rohan and Mohan.

The solution of Question 9 Chapter 4 of Class 12 Part - 1: -

Share Sacrificed = Old Share - New Share

Rohan's Sacrifice	=	5	-	4
		8		7

=	35-32
	56

=	3
	56

Mohan's Sacrifice	=	3	-	2
		8		7

=	21-16
	56

=	5
	56

Sacrificing Ratio of Rohan and Mohan = 3:5

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Also, Check out the solved question of previous Chapters: -

Usha Publication - Accountancy PSEB (Class 12) - Volume I - Solution

• Chapter No. 1 - Accounting Not for Profit Organisations
• Chapter No. 2 - Partnership Accounts - I (Introduction)
• Chapter No. 3 - Partnership Accounts - II (Goodwill: Nature and Valuation)
• Chapter No. 4 - Partnership Accounts - III (Reconstitution of Partnership)
• Chapter No. 5 - Partnership Accounts - IV (Admission of A Partner)
• Chapter No. 6 - Partnership Accounts - V (Retirement and Death of A Partner)
• Chapter No. 7 - Partnership Accounts - VI (Dissolution of Partnership Firm)
• Chapter No. 8 - Company Accounts (Share Capital)
• Chapter No. 9 - Company Accounts (Issue of Debentures)
• Chapter No. 10 - Company Accounts (Redemption of Debentures)

Usha Publication - Accountancy PSEB (Class 12) - Volume II - Solution

• Chapter No. 1 - Financial Statements of a Company
• Chapter No. 2 - Financial Statement Analysis
• Chapter No. 3 –  Tools of Financial Statement Analysis- Comparative and Common Size
• Chapter No. 4 - Ratio Analysis
• Chapter No. 5 - Cash Flow Statement

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