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✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
Anil and Bimal are partners. They admit Raman as a partner for a 1/4 share. You are required to determine: (a) the profit-sharing ratio between Anil and Bimal before Raman’s admission; (b) the profit-sharing ratio after Raman’s admission; and (c) the sacrificing ratio.
(a) As no ratio is given, Anil and Bimal share equally → 1 : 1.
(b) Raman’s share = 1/4. Remaining 3/4 shared equally: Anil = 3/4 × 1/2 = 3/8; Bimal = 3/8; Raman = 1/4 = 2/8. New Ratio = 3 : 3 : 2.
(c) Sacrifice: Anil = 1/2 – 3/8 = 1/8; Bimal = 1/8. Sacrificing Ratio = 1 : 1.
Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
This guide covers "T.S. Grewal Class 12 Chapter 4 Q.18 - Admission of a Partner", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to Chapter 4 - Admission of a Partner.
It is primarily curated for Class 11 and Class 12 high school commerce, accounting, and economics students, as well as aspirants preparing for board exams or CA Foundation.
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