T S Grewal Solutions 2026-27 [Class 12] – Admission of a Partner – Q 01 to 10

T S Grewal Solutions, T S Grewal Solutions 2026-2027, Admission of a Partner /

Solution for Q 01 to 10 of Chapter 4 of T S Grewal Class 12 Accountancy 2026-27 are given below. The Chapter name is Admission of a Partner from Partnership Accounts class 12. These Solutions are based on topics Calculation of New profit sharing ratio and sacrificing ratio

Working notes are given with each solution. These help in understanding the steps and are also important for board exams as marks are given for steps.

These solutions are also useful for CA Foundation, CS Foundation and CMA Foundation students. The solutions will be helpful for students as well as teachers teaching class 12 accounts.

Question 1
Old Profit Sharing Ratio
 
Jiten Rajiv Total    
3 2 5    
Bikram Admitted for 1/5 share
     
Let the total profits be 1 1  
Bikram's Share is 1/5 1/5  
Balance for old partners 4/5  
     
Jiten's Share 12/25 (4/5 X 3/5)
Rajiv's Share 8/25 (4/5 X 2/5)
     
New Profit Sharing ratio
Jiten Rajiv Bikram    
12/25 8/25 1/5    
12 8 5    
▶ Video Solution: Coming Soon
Question 2
Old Profit Sharing Ratio
Girija Yatin Zubin Total  
5 3 2 10  
Suresh Admitted for 1/5 share
     
Let the total profits be 1 1  
Suresh's Share is 1/5 1/5  
Balance for old partners 4/5  
     
Girija's Share 2/5 (4/5 X 5/10)
Yatin s Share 6/25 (4/5 X 3/10)
Zubin's Share 4/25 (4/5 X 2/10)
     
New Profit Sharing ratio
Girija Yatin Zubin Suresh  
2/5 6/25 4/25 1/5  
10 6 4 5  
▶ Video Solution: Coming Soon
Question 3
Old Profit Sharing Ratio
 
A B Total    
7 5 12    
C Admitted for 1/6 share
 
A new share (7/12 - 1/24) 13/24
B new share (5/12 - 1/8) 7/24
New Profit Sharing ratio
A B C    
13/24 7/24 1/6    
13 7 4    
▶ Video Solution: Coming Soon
Question 4
Old Profit Sharing Ratio
X Y Z    
3 2 1    
A Admitted for 1/8 share
 
B new share (2/6 - 1/16) 13/48
C new share (1/6 - 1/16) 5/48
New Profit Sharing ratio
X Y Z A  
1/2 13/48 5/48 1/8  
24 13 5 6  
▶ Video Solution: Coming Soon
Question 5
Old Profit Sharing Ratio
 
Bharati Astha Total    
3 2 5    
Dinkar Admitted for 1/5 share
 
Sacrificing Ratio Bharati Astha
      1 1
Bharati Sacrificed (1/5 X 1/2) 1/10
Astha Sacrificed (1/5 X 1/2) 1/10
Bharati New share (3/5 - 1/10) 1/2
Astha new share (2/5 - 1/10) 3/10
New Profit Sharing ratio
Bharati Astha Dinkar    
1/2 3/10 1/5    
5 3 2    
▶ Video Solution: Coming Soon
Question 6
Old Profit Sharing Ratio
 
Mohan Mahesh        
3 2        
Nusrat Admitted for 1/4 share 1/4
   
Sacrificing Ratio Mohan Mahesh    
    2 1    
Mohan sacrificed 1/6 (1/4 X 2/3)
Mahesh sacrificed 1/12 (1/4 X 1/3)
Mohan new share 13/30 (3/5 - 1/6)
Mahesh new share 19/60 (2/5 - 1/12)
New Profit Sharing ratio
Mohan Mahesh Nusrat      
13/30 19/60 1/4      
26 19 15      
▶ Video Solution: Coming Soon
Question 7
Old Profit Sharing Ratio
S B J
1 1 1
(Since no ratio is given in question so assumed to be equal)
 
T Admitted for 1/5 share
In this case the sacrificing ratio is same as the old ratio
 
S B J
1 1 1
▶ Video Solution: Coming Soon
Question 8
Old Profit Sharing Ratio
 
P Q Total        
5 3 8        
New partner admitted R
   
R Admitted for 1/4 share 1/4
   
P gives 3/16 1/4*3/4 OR 1/4*75/100
Q gives 1/16 1/4*1/4 1/4*25/100
P new share 7/16 (5/8-3/16)
Q new share 5/16 (3/5 - 1/16)
     
New Profit Sharing ratio
P Q R        
7/16 5/16 1/4        
7 5 4        
Sacrificing Ratio
P Q          
3/16 1/16          
3 1          
▶ Video Solution: Coming Soon
Question 9
Old Profit Sharing Ratio
 
Adil Suresh Total    
7 3 10    
New Partner Admitted Jyoti
   
Adil surrendered 1/5 (2/10 or 1/5)
Suresh surrendered 1/10
Adil new share 1/2 (7/10-1/5)
Suresh new share 1/5 (3/10-1/10)
Jyoti share 3/10 (2/10 + 1/10)
     
New Profit Sharing ratio
Adil Suresh Jyoti    
1/2 1/5 3/10    
5 2 3    
Sacrificing Ratio
Adil Suresh      
1/5 1/10      
2 1      
▶ Video Solution: Coming Soon
Question 10 (i)
Old Profit Sharing Ratio
 
R T Total        
3 2 5        
New partner admitted S    
    Of Equals
R gives 1/4 of his share = (3/5X1/4) 3/20
T gives 1/5 of his share = (2/5X1/5) 2/25
R new share 9/20 (3/5 - 3/20)
T new share 8/25 (2/5 - 2/25)
     
S share 23/100 (3/20+2/25)
     
New Profit Sharing ratio
R T S        
9/20 8/25 23/100        
45 32 23        
▶ Video Solution: Coming Soon
Question 10 (ii)
Old Profit Sharing Ratio
A B    
1 1    
(equal partners)  
     
C Admitted for 1/4 share 1/4
     
Remaining Share (1 - 1/4) 3/4
     
A's new share 3/4 X 2/3 1/2
B's new share 3/4 X 1/3 1/4
New Profit Sharing ratio
A B C  
1/2 1/4 1/4  
2 1 1  
▶ Video Solution: Coming Soon
Question 10 (iii)
Old Profit Sharing Ratio
A B Total    
3 2 5    
New partner admitted C
   
C Admitted for 1/5 share 1/5
   
A gives 1/5 1/25 (C gets of his share. Here of will of new partner share)
B gives 4/5 4/25 (C gets of his share. Here of will of new partner share)
A new share 14/25 (3/5-1/25)
B new share 6/25 (2/5-4/25)
     
New Profit Sharing ratio
A B C    
14/25 6/25 1/5    
14 6 5    
▶ Video Solution: Coming Soon
Question 10 (iv)
Old Profit Sharing Ratio
A B C Total    
1/2 1/3 1/6      
3 2 1 6    
Total Share 1  
     
D Admitted for 1/6  
     
C retains his share 1/6 this is fix as per question
     
Remaining Share 2/3 (1 - 1/6 -1/6)
     
A new share 2/3 X 3/5 2/5 (share in old mutual ratio)
B new share 2/3 X 2/5 4/15 (share in old mutual ratio)
New Profit Sharing ratio
A B C D    
2/5 4/15 1/6 1/6    
12 8 5 5    
▶ Video Solution: Coming Soon
Question 10 (v)
Old Profit Sharing Ratio
A B Total    
1 1 2    
Total Share 1  
     
C Admitted for 1/5  
     
D Admitted for 1/6  
     
Remaining Share 19/30 (1-1/5-1/6)
     
A new share 19/30 X 1/2 19/60
B new share 19/30 X 1/2 19/60
New Profit Sharing ratio
A B C D  
19/60 19/60 1/5 1/6  
19 19 12 10  
▶ Video Solution: Coming Soon
Question 10 (vi)
Old Profit Sharing Ratio
 
A B Total        
5 3 8        
Total Share 1    
         
C Admitted for 3/10 share 3/10    
         
Gifted by A (1/2) (3/10 X 1/2) 3/20 Given by A
         
Remaining Share (3/10 - 3/20) 3/20  
         
Out of remaining share Given by A ( 3/20 X 1/2) 3/40 Given by A
         
Out of remaining share Given by B (3/20 X 1/2) 3/40 Given by B
         
A's new share 5/8 - 3/20 - 3/40 2/5    
         
B's new share  3/8 - 3/40 3/10    
         
New Profit Sharing ratio    
A B C        
2/5 3/10 3/10        
4 3 3        
▶ Video Solution: Coming Soon

Q 1-10 | Q 11-20 | Q 21-31 |

T S Grewal Solutions – Admission of a Partner– All Questions

T S Grewal Solutions Class 12 2026-27 – All Chapters

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