Double Entry Book Keeping Ts Grewal Volume I 2025-2026 Solutions for Class 12
Commerce Accountancy
Chapter 4 - Admission Of A Partner
Calculation of New Profit-Sharing Ratio and
Sacrificing Ratio
Question 1:
Jiten and Rajiv are partners sharing profits in
the ratio of 3: 2. They admit Bikram as a partner for
1/5th profit share.
Determine profit-sharing
ratio after admission of Bikram.
Answer:
Profit share of Bikram
as a partner for 1/5
Left after Profit share of Bikram = 1-1/5= 4/5
Calculation of profit
share in remaining profit
|
Jiten |
= |
4/5 |
× |
3/5 |
= |
12/25 |
|
Rajiv |
= |
4/5 |
× |
2/5 |
= |
8/25 |
Calculation of New
profit sharing ratio
|
Jiten |
: |
Rajiv |
: |
Bikram |
|
|
|
12/25 |
: |
8/25 |
: |
1/5 |
|
|
|
12/25 |
: |
8/25 |
: |
5/25 |
|
|
Answer- New Profit-sharing
Ratio-12:8:5
Question 2:
Girija ,Yatin and Zubin are partners sharing profits and
losses in the ratio of 5 : 3 : 2. They admit Suresh into
partnership and give him 1/5th share of profits. Find the new profit-sharing
ratio.
Answer:
|
|
Girija |
Yatin |
Zubin |
|
OLD
RATIO |
5 : |
3 : |
2 |
Suresh is admitted for 1/5 share of profit
Let
the combined share of profit for all partners after Suresh’s admission be = 1
Combined
share of Raj,
Ram andRamesh after Suresh’s admission =1 − Suresh’s share
=1-1/5
=4/5
New
Ratio = Old Ratio × Combined share of Raj, Ram andRamesh
Girija =
5/10×4/5=20/50
Yatin
=3/10×4/5=12/50
Zubin
=2/10×4/5=8/50
|
|
Girija |
|
Yatin |
|
Zubin |
|
Suresh |
|
New profit sharing ratio = |
20/50 |
: |
12/50 |
: |
8/50 |
: |
1/5 |
|
= |
20 |
: |
12 |
: |
8 |
: |
10 |
|
= |
10 |
: |
6 |
: |
4 |
: |
5 |
Question 3:
A
and B are partners
sharing profits and losses in the proportion of 7:5. They agree to admit C, their manager, into partnership
who is to get 1/6th share in the profits. He acquires this share as 1/24th from
A and 1/8th from B. Calculate new profit-sharing
ratio.
Answer:
|
|
A |
B |
|
OLD
RATIO |
7 : |
5 : |
C
admits for 1/6 share of profit
A
sacrifices his share of profit in favour of C =1/24
B
sacrifices his share of profit in favour of C =1/8
New
Ratio = Old Ratio − Sacrificing Ratio
A’s
7/12-1/24=13/24
B’s
5/12-1/8=7/24
|
|
A |
|
B |
|
C |
|
New
profit sharing ratio= |
13/24 |
: |
7/24 |
: |
1/6 |
|
= |
13 |
: |
7 |
: |
1 |
|
= |
13 |
: |
7 |
: |
4 |
Question 4:
X, Y and Z were partners in a firm sharing
profits in the ratio of
3 : 2 : 1. They admitted A as a new
partner for 1/8th share in the profits, which he acquired 1/16th from B
and 1/16th from C. Calculate the new
profit-sharing ratio of A, B, C and D.
Answer:
X, Y and Z shares
profits in the ratio of
3 : 2 : 1.
A’s share = 1/8 (A acquired 1/16 from Y and Z each)
A’s share =3/6 (retains original
share)
Y’s new share=2/6-1/16=13/48
Z’s new share=1/6-1/16=5/48
New ratio of XYZA =3/6: 13/48: 5/48: 1/8 or 24:13:5:6
Question 5:
Bharati
and Astha were partners sharing profits in the ratio of 3 : 2. They
admitted Dinkar as a new partner for 1/5th share in
the future profits of the firm which he got equally from Bharati
and Astha. Calculate the new profit-sharing ratio of Bharati, Astha and Dinkar.
Answer:
Calulation of New Profit Sharing Ratio
Bharti :Astha=3:2 (Old Ratio)
Dinkar=1/5
Bharti's sacrifice=1/5×1/2=1/10
Astha's sacrifice=1/5×1/2=1/10
Bharti's new share=3/5−1/10=6−1/10=5/10
Astha's new share=2/5−1/10=4−1/10=3/10
Dinkar's new share=1/5×2/2=2/10
Bharti :Astha :Dinkar=5:3:2 (New Ratio)
Ts Grewal Solution 2025-2026
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Class 12 / Volume – I