Question : Ram  and Balram were partners in a firm sharing profit or loss 4:3. With effect from 1st April 2019 they agreed to share profits in the ratio of equally Due to a change in profit sharing ratio, Ram’s gain or sacrifice will be :
 

Option 1: Gain 1/14

Option 2: Sacrifice 1/14

Option 3: Gain 4/7

Option 4: Sacrifice 3/7

Question : X and Y were partners in a firm sharing profits equally. With effect from 1st April 2020, they decided to share profits in the ratio of 4:3. Due to the change in the profit-sharing ratio gain or sacrifice will be

Option 1: Gain 1/14

Option 2: Sacrifice 1/14

Option 3: Gain 3/4

Option 4: Sacrifice 3/7.

Question : Ali and Bali were partners in a firm sharing profit or loss in the ratio of 2:1. With effect from Jan. 1, 2019 they agreed to share profit or loss in the ratio of 3:2. Due to change in profit-loss sharing ratio, Bali’s gain or sacrifice will be:
 

Option 1: Sacrifice 1/15

Option 2: Gain 1/15

Option 3: Gain 1/3

Option 4: Sacrifice 1/3

Question : Rajiv and Ravi were partners in a firm sharing profits or losses in the ratio of 3:1 .With effect from 1st January, 2020, they agreed to share profits in the ratio of 2:1. Due to change in profit-sharing ratio, Rajiv s gain or sacrifice will be

Option 1:  Gain 1/12

Option 2: Sacrifice 1/12

Option 3: Gain 2/60

Option 4: Sacrifice 3/60

Question : P, Q and R were partners sharing profit or loss in the ratio of 8:4:3. From Jan. 1, 2019 they decided to share profit or loss in the ratio of 7:3:2. Due to change in the profit-loss sharing ratio, Q’s gain or sacrifice will be :
 

Option 1: sacrifice 1/60

Option 2: Gain 1/60

Option 3: Gain 1/30

Option 4: Sacrifice 1/20