[ISC] Q. 14 Solution of Admission of Partner TS Grewal Accounts Class 12 (2023-24)

Solution to Question number 14 of the Admission of partner chapter 3 of TS Grewal Book 2023-24 Edition ISC/CISCE Board.

Xena and Yana are partners in a firm. Zeesha is admitted as a new partner and the new profit sharing ratio among the three partners is decided at 1 : 2 : 2. The sacrificing ratio between Xena and Yana is 4 : 1. Calculate old profit sharing ratio.

Solution:-