[CBSE] Q. 17 Solution of Admission of Partner TS Grewal Accounts Class 12 (2023-24)

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Solution to Question number 17 of the Admission of Partner chapter 5 of TS Grewal Book 2023-24 Edition CBSE Board?

Amit and Vidya are partners sharing profits in the ratio of 3 : 2. They admit Chintan into partnership who acquires 1/5th of his share from Amit and 4/25th share from vidya. Calculate New Profit sharing ratio and Sacrificing Ratio.

[Ans.: New Profit-sharing Ratio of Amit, Vidya and Chintan – 14 : 6 : 5; Sacrificing Ratio of Amit and Vidya – 1 : 4.]

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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