[NCERT] Q 1 Admission of Partner Solutions Class 12

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Solution of question number 1 Admission of Partner NCERT Accountancy solutions Class 12 CBSE Board.

A and B were partners in a firm sharing profits and losses in the ratio of 3 : 2. They admit C into the partnership with 1/6 share in the profits. Calculate the new profit sharing ratio?

[Ans : 3 : 2 : 1]

Solution:-

Below are the solutions

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1Question – 1
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Anurag Pathak

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