[NCERT] Q 8 Admission of Partner Solutions Class 12

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Solution of question number 8 Admission of Partner NCERT Accountancy solutions Class 12 CBSE Board.

A, B and C were partners in a firm sharing profits in 3 : 3 : 2 ratio. They admitted D as a new partner for 4/7 profit. D acquired his share 2/7 from A. 1/7 from B and 1/7 from C. Calculate new profit sharing ratio?

[Ans : 5 : 13 : 6 : 32]

Solution:-

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Anurag Pathakk
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