[ISC] Q. 3 Solution of Admission of Partner TS Grewal Accounts Class 12 (2023-24)

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Are you looking for the solution to Question number 3 of the Admission of partner chapter 3 of TS Grewal Book 2023-24 Edition ISC/CISCE Board?

Question – 3

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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.

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Solution:-

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Anurag Pathak
Anurag Pathak

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