[DK Goyal] Q 1 Admission of Partner Solution CBSE (2022-23)
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Question number 1 Solution of DK Goyal Admission of Partner class 12 CBSE 2022-23
Question 1 (A):-
A and B are partners sharing profits in the ratio of 5:3. C is admitted to the partnership for 1/4th share of future profits. Calculate the new profit-sharing ratio.
Solution:-
Question – 1 (B):-
A and B were partners sharing profits in the ratio of 21:9. C was admitted on 9/21 share in the profits. Calculate the new profit-sharing ratio of the partners.
Solution:-