[ISC] Q. 8 Solution of Admission of Partner TS Grewal Accounts Class 12 (2023-24)

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Solution to Question number 8 of the Admission of partner chapter 3 of TS Grewal Book 2023-24 Edition ISC/CISCE Board.

Raman and Kamran are partners sharing profits in the ratio of 3 : 2. Darpan is admitted to the partnership for 1/5th share in future profits. Calculate new profit sharing ratio and the sacrificing ratio.

Solution:-

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