[ISC] Q. 1, 2, 3 Solution of Admission of Partner TS Grewal Accounts Class 12 (2026-27)

Solution to Question number 1, 2, 3 of the Admission of partner chapter 3 of TS Grewal Book 2026-27 Edition ISC/CISCE Board?

Anil and Ankit are partners sharing profits in the ratio of 3 : 2. Anita is admitted for 1/5th share in the profits. Calculate new profit sharing ratio of the partners.

Solution:-

Dev and Abhay sharing profits in the ratio of 7 : 3 admit Ashok for 3/7th share in the firm which he gets 2/7th from Dev and 1/7th from Abhay. Calculate new profit-sharing ratio.

Solution:-

Amrit and Amar were partners sharing profits in the ratio of 3 : 2. They admitted Amit and Anita as new partners. Amrit surrendered 1/3rd of his share in favour of Amit and Amar surrendered 1/4th of his share in favour of Anita. Calculate new profit-sharing ratio of Amrit, Amar, Amit and Anita.