Friday, April 24, 2026

Admission of Partner New Profit Sharing Ratio | Class 12 Partnership Accounts | CBSE PYQs Commerce

Admission of Partner New Profit Sharing Ratio | Class 12 Partnership Accounts | CBSE PYQs Commerce


Devki and Neena were partners in a firm sharing profits and losses in the
ratio of 4:3. Amar was admitted as a new partner for 1/5th share in the
profits of the firm. Amar acquired 1/3rd of his share from Devki. How
much share did Amar acquire from Neena ?




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