[ISC] Q. 2 Solution of Admission of Partner TS Grewal Accounts Class 12 (2023-24)
Are you looking for the solution to Question number 2 of the Admission of partner chapter 3 of TS Grewal Book 2023-24 Edition ISC/CISCE Board?
Question 2
Lalit and Mukesh sharing profits in the ratio of 7 : 3 admit Ashok for 3/7th share in the firm which he gets 2/7th from Lalit and 1/7th from Mukesh. Calculate new profit sharing ratio.
![](https://commerceschool.in/wp-content/uploads/2023/06/q2-1-1024x73.webp)
Solution:-
![](https://commerceschool.in/wp-content/uploads/2023/06/1-75-1024x637.webp)