[CBSE] Q 9 DK Goel Admission of a Partner Solutions Class 12 (2024-25)
Here are the solutions of Question number 9 of Admission of a Partner chapter 3 of DK Goel Class 12 CBSE (2024-25)
A, B and C are partners in a firm sharing profits in 4 : 3 : 3 ratio. They decided to admit their manager D into partnership. A surrendered 1/4 of his share in favour of D; B surrendered 1/5 of his share in favour of D and C surrendered 1/6 of his share in favour of D. Calculate new profit sharing ratio.
[Ans. 30 : 24 : 25 : 21]
Solution:-