[CBSE] Q 8 DK Goel Admission of a Partner Solutions Class 12 (2024-25)

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Here are the solutions of Question number 8 of Admission of a Partner chapter 3 of DK Goel Class 12 CBSE (2024-25)

Q. 8 (A). A and B are partners in a firm sharing profits in the ratio of 2 : 1. C joins the firm. A surrenders 1/4th of his share and B 1/5th of his share in favour of C. Find the new profit sharing ratio.

[Ans. New Ratio 15 : 8 : 7]

Solution:-

Q. 8 (B). A and B share profits in the ratio of 3 : 2. They agreed to admit C on the condition that A will sacrifice 3/20th of his share of profit in favour of C and B will sacrifice 1/20th of his profits in favour of C. Calculate new profit sharing ratio.

[Ans. 51 : 38 : 11.]

Solution:-

Q. 8 (C). X and Y are partners in a firm sharing profits and losses in the ratio of 9 : 6. A new partner Z is admitted. X surrenders 3/15th share of his profit in favour of Z and Y 6/15th of his share in favour of Z. Calculate new profit sharing ratio.

[Ans. New Ratio 12 : 6 : 7.]

Solution:-

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Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his Youtube channel for free lectures

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