[ISC] Q. 16 Solution of Admission of Partner TS Grewal Accounts Class 12 (2023-24)

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Solution to Question number 16 of the Admission of partner chapter 3 of TS Grewal Book 2023-24 Edition ISC/CISCE Board.

Pawan and Ajitesh are partners sharing profits in the ratio of 3 : 2. They admit Ridhima, a new partner who acquires 1/5th of her share from Pawan and 4/25th share from Ajitesh. Calculate New Profit sharing Ratio and Sacrificing Ratio.

Solution:-

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