You can find Q. 4 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 4: X, Y, and Z were partners in a firm sharing profits in the ratio of 3:2:1. They admit A as a partner for 1/8 share in the profits, which he took 1/16 from Y and 1/16 from Z.
Determine the new profit-sharing ratio of X, Y, Z, and A.
Solution 4:
A’s share in profit = 1/8
R’s new share = 3/6-0 = 3/6
Y’s new share = 2/6-1/16 = 13/48
Z’s new share = 1/6-1/16 = 5/48
New profit sharing ratio of X, Y, Z and A after making base equal:
24/48:13/48:8/48:6/48 or 24:13:5:6