Question 1 to 4 (Sacrificing and Gaining share)
1 :- Om and Shyam are sharing profits and losses equally. With effect from 1st April 2025, they agree to share profits in the ratio of 4:3. Calculate individual partner’s gain…
Ahilya, Laxmi and Parvati are sharing profits and losses
2 :- Ahilya, Laxmi and Parvati are sharing profits and losses in the ratio of 5:3:2. With effect from 1st April 2025, they decide to share profits and losses in the…
Om and Shyam are sharing profits and losses equally
1:- Om and Shyam are sharing profits and losses equally. With effect from 1st April 2025, they agree to share profits in the ratio of 4:3. Calculate individual partner’s gain or…
Posted inAccountancy Class 12 General
Question 33 to 38 (Capitalisation of super profit)
33 :- Average profit of a firm during the last few years is Rs 1,50,000. In similar business, the normal rate of return is 10% of the capital employed. Calculate…
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Rohit and Hardik are partners sharing profits and losses equally
37 :- Rohit and Hardik are partners sharing profits and losses equally. They decided to admit Surya as a partner for 1/3 share. For this purpose, the goodwill of the…
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A business has earned average profit of Rs 8,00,000
36 :- A business has earned average profit of Rs 8,00,000 during the last few year and the normal rate of return in similar business is 10%. Find value of…
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Rajan and Rajini are partners in a firm
35 :- Rajan and Rajini are partners in a firm. Their capitals were Rajan Rs 3,00,000: Rajini Rs 2,00,000. During the year ended 31st March, 2024, the firm earned a profit of Rs…
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Raja brothers earn an average profits of Rs 30,000
34 :- Raja brothers earn an average profits of Rs 30,000 with a capital of Rs 2,00,000. The normal rate of return in the business is 10%. Using capitalization of…
Posted inAccountancy Class 12 General
Average profit of a firm during the last few years
33 :- Average profit of a firm during the last few years is Rs 1,50,000. In similar business, the normal rate of return is 10% of the capital employed. Calculate…
Posted inAccountancy Class 12 General
A business has earned an average profit of Rs 4,00,000
30 :- A business has earned an average profit of Rs 4,00,000 during the last few years and the normal rate of return in a similar business is 10%. Find the…