[CBSE] Q. 7 Solution of Admission of Partner TS Grewal Accounts Class 12 (2023-24)

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Solution to Question number 7 of the Admission of Partner chapter 5 of TS Grewal Book 2023-24 Edition CBSE Board?

P and Q were partners in a firm sharing profits in a ratio of 5 : 3. R was admitted for 1/4th share in the profits, of which he took 75% from P and the remaining from Q. Calculate the sacrificing ratio of P and Q.

[Ans.: Sacrificing Ratio of P and Q – 3 : 1.]

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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 and can download the Android & ios app for free lectures.

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