[NCERT] Q 9 Admission of Partner Solutions Class 12

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Solution of question number 9 Admission of Partner NCERT Accountancy solutions Class 12 CBSE Board.

Radha and Rukmani are partners in a firm sharing profits in 3 : 2 ratio. They admitted Gopi as a new partner. Radha surrendered 1/3 of her share in favour of Gopi and Rukmani surrendered 1/4 of her share in favour of Gopi. Calculate new profit sharing ratio?

[Ans : 4 : 3 : 3]

Solution:-

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