You can find Q. 3 Solution of Admission of a Partner TS Grewal Accounts Class 12 (2025-26) below. If you have any doubt, you can ask in the comments section.
Question 3: A and B are partners sharing profits and losses in the proportion of 7:5. They admit C as partner for 1/6 share in profits. He takes this share as 1/24 from A and 1/8 from B.
Calculate new profit-sharing ratio.
Solution 3:
C’s share in profit = 1/6
A’s new share = 7/12-1/24 = 13/24
B’s new share = 5/12-1/8 = 7/24
New profit sharing ratio of A, B, and C after making base equal:
13/24:7/24:4/24 or 13:7:4.c