[ISC] Q. 10 Solution of Admission of Partner TS Grewal Accounts Class 12 (2023-24)

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Solution to Question number 10 of the Admission of partner chapter 3 of TS Grewal Book 2023-24 Edition ISC/CISCE Board.

Puneet and Tarun are partners sharing profits and losses in the ratio of 3 : 2. They admit Simran as a partner who acquires 2/7th from Puneet and 1/7th from Tarun as her share. Calculate new profit sharing ratio and sacrificing ratio.

Solution:-

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