[CBSE] Q 16 DK Goel Admission of a Partner Solutions Class 12 (2024-25)

The solution of Question number 16 of Admission of a Partner chapter 3 of DK Goel Class 12 CBSE (2024-25)

Q. 16 (A). A and B are partners in a firm sharing profits and losses in the ratio of 3 : 2. C is admitted into partnership. A sacrifices 1/3 of his share and B 1/10 from his share in favour of C. Determine the sacrificing ratio and the new profit sharing ratio.

[Ans. Sacrifice Ratio 2 : 1; New Ratio 4 : 3 : 3.]

Solution:-

Q. 16 (B). A and B are partners in a firm sharing profits and losses in the ratio of 5 : 3. They admit C and D as new partners. A sacrifices 1/2 of his share in favour of C and B sacrifices 1/4 from his share in favour of D. Calculate their new profit sharing ratio.

[Ans. New Ratio 5 : 2 : 5 : 4]

Solution:-