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# Question 03 Chapter 4 of +2 Part-1 – USHA Publication 12 Class Part – 1

Q-3 - CH-4 - Usha +2 Book 2018 - Solution

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Question 03 Chapter 4 of +2-Part-1

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3. (NPS/ Sacrifice and Gain) A, B and C are partners in 3:7:5 ratio. They decided to change their ratio as follows. A gave 1/15 from his share to C. B gave 2/15 from his share to A and 1/15 to C.
Find out new ratio and gain or sacrifice of each partner.

## The solution of Question 03 Chapter 4 of +2 Part-1: –

Day - 61 | Solution of Questions Reconstitution of firm Chapter No. 4 | Accounts class 12 | PSEB |

Calculate the A, B, & C New Profit sharing ratio: –

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 A’s New Share = 3 – 1 + 2 15 15 15
 = 3 – 1 + 2 15
 = 4 15
 B’s New Share = 7 – 2 – 1 15 15 15
 = 7 – 2 – 1 15

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 = 4 15
 C’s New Share = 5 + 1 + 1 15 15 15
 = 5 + 1 + 1 15
 = 7 15

New Profit Ratio of A,B, & C = 4 : 4: 7

Calculate the Sacrificing or Gaining Ratio of Partners:
Sacrificing or Gaining Ratio = Old Ratio – New Ratio

 A’s  Sacrificing/Gaining Share = 3 – 4 15 15
 = 3 – 4 15
 = -1 (Gain) 15

 B’s  Sacrificing/Gaining Share = 7 – 4 15 15
 = 7 – 4 15

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 = 3 (Sacrifice) 15

 C’s Sacrificing/Gaining Share = 5 – 7 15 15
 = 5 – 7 15
 = -2 (Gain) 15

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End of Solution

## Check Out the Solution of all questions of this chapter:

The solution to all questions of Chapter No. 4 – Partnership Accounts – III (Reconstitution of Partnership) Class 12 Usha Publication – 2024 is shown as follows, click on the image of the question to get the solution.

Question 04 Chapter 4 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 10 Chapter 4 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 16 Chapter 4 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 22 Chapter 4 of +2 Part-1 – USHA Publication 12 Class Part – 1

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### Download a PDF of Chapter No. 4 – Partnership Accounts – III (Reconstitution of Partnership):

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## Chapter-Wise Solution of Usha Publication Accountancy – Part 1 Class 12 – Session 2024-25 as per the PSEB curriculum

Check out Solutions to all questions of the every chapter shown as under. The Solution of Accountancy – Part 1 Class 12 – Session 2024-25 is provided as per the new book published by Usha Publication.

Chapter No. 1 – Accounting Not-for-Profit Organisations (Deleted from the Syllabus)

Chapter No. 2 – Partnership Accounts – I (Introduction)

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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)

## Check out Part 2 of both books.

In Class 12th the accountancy has 2 books i.e. Part 1 and Part 2. The Books related to the Part 1 are shown above. but If you want to know more about Part 2, you can check it out from the following links. We have provided the links to both books i.e. Accountancy Part 2 by Usha Publication and Advanced Accountancy Part 2 by Unimax Publication.

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1. Accountancy – Part 2 Class 12 – Session 2024-25 By Usha Publication

2. Advanced Accountancy Part 2 Class 12 by Unimax Publication

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