[ISC] Q. 13 Solution of Admission of Partner TS Grewal Accounts Class 12 (2023-24)

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Solution to Question number 13 of the Admission of partner chapter 3 of TS Grewal Book 2023-24 Edition ISC/CISCE Board.

X and Y are partners sharing profits/losses in the ratio of 3 : 2. Z is admitted for 1/4th share. X and Y decide to share equally in future. Find the sacrificing ratio and new profit sharing ratio.

Solution:-

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