[ISC] Q. 5 Solution of Admission of Partner TS Grewal Accounts Class 12 (2023-24)

Solution to Question number 5 of the Admission of partner chapter 3 of TS Grewal Book 2023-24 Edition ISC/CISCE Board.

Bharati and Astha were partners sharing profits in the ratio of 3 : 2. They admitted Dinkar as a new partner for 1/5th share in future profits of the firm, which he got equally from Bharati and Astha. Calculate the new profit sharing ratio of Bharati, Astha and Dinkar.

Solution:-