[ISC] Q. 83 Solution of Admission of Partner TS Grewal Accounts Class 12 (2023-24)

Solution of Question 83 of the Admission of partner chapter 3 of TS Grewal Book 2023-24 Edition ISC/CISCE Board?

James and Aryan are in partnership sharing profits and losses in the ratio of 3/5 : 2/5. The capitals of James and Aryan after adjustments are ₹ 2,40,000 and ₹ 1,80,000 respectively. They admit Shubham as partner who is to contribute sufficent capital to take 1/5th share of profits to be acquired equally from James and Aryan. Calculate the capital to be brought in by Shubham

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