Double
Entry Book Keeping Ts Grewal Volume I 20212022 Solutions for Class 12
Commerce
Accountancy Chapter 5  Admission Of A
Partner
Page No 5.86:
Question 11: Mahi and Rajat were in partnership sharing profits
and losses in the ratio of 4:3. They admitted Kripa as a new partner. Kripa
brought `60,000 as her share of goodwill premium which
was entirely credited to Mahi's Capital Account. On the date of admission,
goodwill of the firm was valued at `4,20,000.
Calculate the new profitsharing ratio of Mahi, Rajat and Kripa. (CBSE 2020)
Answer:
Kripa brought `60,000 as her share of goodwill premium
share of Kripa = 60,000/4,20,000=1/7 given by Mahi
Remaing share of Mahi = 4/71/7=3/7
New Ratio of –
Mahi 
: 
Rajat 
: 
Kripa 
3/7 
: 
3/7 
: 
1/7 
Page No 5.86:
Question 12:
Rakesh and Suresh are sharing profits in the ratio of 4 : 3. Zaheer joins and the new ratio among Rakesh, Suresh and Zaheer is 7 : 4 : 3. Find out the sacrificing ratio.
Answer:

Rakesh 
Suresh 
Zaheer 
OLD
RATION 
4 : 
3 

NEW
RATIO 
7 : 
4 : 
3 
Sacrificing Ratio = Old Ratio − Sacrificing Ratio
Rakesh’s 
=4/77/14 



=1/14 


Suresh’s 
=3/74/14 



=2/14 



Rakesh 

Suresh 

Sacrificing sharing ratio = 
1/14 
: 
2/14 

= 
1 
: 
2 

Page No 5.86:
Question 13:
Karim and Rehman are
partners sharing profits in the ratio of 3 : 2. Naval is admitted as a
partner. The new profitsharing ratio among Karim, Rehman and
Naval is 4 : 3 : 2. Find out the sacrificing ratio.
Answer:

Karim 
Rehman 
Naval 
OLD
RATION 
3 : 
2 

NEW
RATIO 
4 : 
3 : 
2 
Sacrificing Share = Old Ratio − New Ratio
Karim’s 
=3/54/9 



=7/45 


Rehman’s 
=2/53/9 



=3/45 



Karim 

Rehman 

Sacrificing sharing ratio = 
7/45 
: 
3/45 

= 
7 
: 
3 

Page No 5.86:
Question 14:
A,
B
and C are partners sharing profits in the ratio of 4 : 3 : 2. D
is admitted for 1/3rd share in future profits. What is the sacrificing ratio?
Answer:

A 

B 

C 
OLD
RATIO = 
4 
: 
3 
: 
2 
D is admitted for 1/3share of profit
Let the combined share of profit of A, B C and D be = 1
Combined share of A, B and C after D’s admission = 1 − D’s shares
=11/3
=2/3
New Ratio = Old
Ratio combined share of A, B and C
A’s 
=4/9×2/3 

=8/27 
B’s 
=3/9×2/3 

=6/27 
C’s 
=2/9×2/3 

=4/27 
Sacrificing Ratio = Old Ratio − New Ratio
A’s 
=4/98/27 





=4/27 




B’s 
=3/96/27 





=3/27 




C’s 
=2/74/27 





=2/27 





A 

B 

C 

Sacrificing sharing ratio = 
4/27 
: 
3/27 
: 
2/27 

= 
4 
: 
3 
: 
2 

Page No 5.86:
Question 15:
A,
B, C and
D are in partnership sharing profits and losses in the ratio of 36 : 24 :
20 : 20 respectively. E joins the partnership for 20% share and A,
B, C and D in future would share profits among themselves as 3/10
: 4/10 : 2/10 : 1/10. Calculate new profitsharing ratio after E's
admission .
Answer:

A 

B 

C 

D 
OLD
RATIO = 
36 
: 
24 
: 
20 
: 
20 
E is admitted for 20/100 share
Let combined share of profit of all partners after E’s admission = 1
Combined share of
A, B, C and D after E’s admission = 1 − E’s Share
=120/100
=80/100
New Ratio = Combined of A, B, C and D Agreed Share of A, B, C and D
A’s 
=80/100×3/10 





=24/100 




B’s 
=80/100×4/10 





=32/100 




C’s 
=80/100×2/10 





=16/100 




D’s 
=80/100×1/10 





=8/100 





A 

B 

C 

D 

E 

New profit sharing ratio = 
24/100 
: 
32/100 
: 
16/100 
: 
8/100 
: 
20/100 

= 
6 
: 
8 
: 
4 
: 
2 
: 
5 

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