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Swetha S

Swetha S

CA Foundation

5K+

01-Aug-20 13:24

23

Admission of partner

Pg no: 8.62 Example Case 5 Question its stated as 1/3rd share but solved as A's sacrifice 1/5 Ã?2/3.. Even in video its solved as 1/5. Is it to be solved using 1/3 or 1/5.If 1/5 what's the reason?

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Answers (2)

Suraj Lakhotia

Suraj Lakhotia

Admin

01-Aug-20 17:58

We have solved using the assumption that C's share is 1/5. The question has to be changed to 1/5. if you assume that C got 1/3rd share, then the revised ratio would be 17:13:15. Working attached.

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