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## Worksheet for Class 12 Accountancy Part 1 Chapter 3 Reconstitution of a Partnership Firm Admission of a Partner

Class 12 Accountancy students should refer to the following printable worksheet in Pdf for Part 1 Chapter 3 Reconstitution of a Partnership Firm Admission of a Partner in standard 12. This test paper with questions and answers for Grade 12 Accountancy will be very useful for exams and help you to score good marks

### Class 12 Accountancy Worksheet for Part 1 Chapter 3 Reconstitution of a Partnership Firm Admission of a Partner

CBSE Class 12 Accountancy Admission of Partner (3). CBSE issues sample papers every year for students for class 12 board exams. Students should solve the CBSE issued sample papers to understand the pattern of the question paper which will come in class 12 board exams this year. The sample papers have been provided with marking scheme. It’s always recommended to practice as many CBSE sample papers as possible before the board examinations. Sample papers should be always practiced in examination condition at home or school and the student should show the answers to teachers for checking or compare with the answers provided. Students can download the sample papers in pdf format free and score better marks in examinations. Refer to other links too for latest sample papers.

**CHAPTER 4**

**ADMISSION OF A PARTNER Calculation of New Profit Sharing Ratio**

1. A and B are Partners sharing Profits and Losses in the ratio 3:1. C was admitted as a new Partner for 1/4th share. Calculate the new Profit sharing ratio.

2. A and B are Partners sharing Profits and Losses in the ratio 2:3. C was admitted as a new Partner for 1/5th share. Calculate the new Profit sharing ratio.

3. A, B and C are Partners sharing profits and losses in the ratio3:1:1. D is admitted as a new partner for 1/5th share and C retains his original share. Calculate the NPSR.

4. P, Q and R are Partners sharing profits and losses in the ratio 3:2:1. S is admitted as a new partner for 1/6th share and Q retains his original share. Calculate the NPSR.

5. A and B are Partners sharing Profits and Losses in the ratio 3:2. C was admitted as a new Partner for 1/4th share. A and B will share future profits in the ratio 2:1. Calculate the new Profit sharing ratio.

6. A and B are Partners sharing Profits and Losses in the ratio 5:3. C was admitted as a new Partner for 1/5th share. A and B will share future profits in the ratio 1:1. Calculate the new Profit sharing ratio.

7. A and B are Partners sharing Profits and Losses in the ratio 3:2. C was admitted for 3/7th share. which he acquires 2/7th from A and 1/7th from B. Calculate the new Profit sharing ratio.

8. M and N are Partners sharing Profits and Losses in the ratio 5:3. O was admitted for 1/5th share which he acquires 1/10th from M and 1/10th from N.. Calculate the new Profit sharing ratio.

9. X and Y are Partners sharing Profits and Losses in the ratio 3:2. Z was admitted as a new partner. X surrendered 1/5th of his share and Y surrendered 2/5th of his share in flavor of Z Calculate the new Profit sharing ratio.

10.X and Y are Partners sharing Profits and Losses in the ratio 4:3. Z was admitted as a new partner. X surrendered 1/4th of his share and Y surrendered 1/3rd of his share in flavor of Z Calculate the new Profit sharing ratio.

11.X and Y are Partners sharing Profits and Losses in the ratio 9:6. Z was admitted as a new partner. X surrendered 3/15th of his share and Y surrendered 6/15th of his share in flavor of Z Calculate the new Profit sharing ratio.

12.X and Y are Partners sharing Profits and Losses in the ratio 3:2. Z was admitted as a new partner. X gives 1/3rd of his share and Y gives 1/10th from his share Calculate the new Profit sharing ratio.

13.A, B ,C and D are Partners sharing profits and losses in the ratio 9:6:5:5 respectively. E joined the firm as a new partner for 20% share. A,B C and D would in future share profits among themselves as 3:4:2:1.Calculate the NPSR.

14. A and B are Partners sharing Profits and Losses in the ratio 3:1. C was admitted as a new Partner for 1/4th share. C acquired his share in the proportion 2:1. Calculate the new Profit sharing ratio.

15. A and B are Partners sharing Profits and Losses in the ratio 4.1 C was admitted as a new Partner for 1/5th share. C acquired his share in the proportion 3:2. Calculate the new Profit sharing ratio.

16. P, Q and R are Partners sharing profits and losses in the ratio 3:2:1. S is admitted as a new partner for 1/6th share and the new profit sharing ratio will be 4:3:3:2. Calculate the Sacrificing share

17.A and B are Partners sharing Profits and Losses in the ratio 4.3 C was admitted

as a new Partner for 1/5th share. C acquired his share in the proportion 3:2. Calculate the new Profit sharing ratio.

18.Ajit, Baljit and Charanjit are partners sharing profits in 5 : 3 : 2 ratio . They admitted Ajit’s son Daljit for 1/8th of the share which he acquired entirely from his father Ajit. Calculate new profit sharing ratio.

19.Mohan and Sohan are partners sharing profits in the ration of 3 : 2. They admit Karan and give him 1/5th share. He gets it equally from Mohan and Sohan. Find out the new ratio.

20.Amar, Bharat and Charat are partners sharing profits in the ratio of 5 : 3 : 2. They admit Sheetal and give him 20 % share. He gets his share from the old partners in their old ratio of 5 : 3 : 2. Calculate the new ratio.

21. Anu , Beena and Leena are sharing profits in the ratio of 5 : 3 : 2 . They admit Disha and give her 1/8th share, which she gets from Anu, Beena and Lena in the ratio of 3: 2: 1. Calculate the new ratio.

22. X and Y share profits in the ratio of 3: 2. They admit Z with 3/7 share in profits. He gets this share as 1/7 from X and 2/7 from Y. Calculate the new ratio.

23. Lalit, Mohan and Narinder share profits in the ratio of 3: 2: 1. They admit Upendra with 1/8th share in future profits. Calculate the new ratio.

24. Ajit and Baljit are partners sharing profits in the ratio of 3: 2. They admit Surjit as a new partner.Ajit surrenders 1/4th of his share and Baljit sacrifices 1/5th of his share. Calculate the new ratio.

25. A, B and C are partners sharing profits as 5 : 3 : 2 . They admit D and give him 1/5th of the share. It is decided that C’s share will not change. Calculate new ratio.

26. Amar and Akbar share profits in the ratio of 3 ; 2. They admit Babar with 1/6th of the share. Calculate the new ratio and sacrificing ratio.

27. X & Y share profits in the ratio of 4: 1. They admit Z with 1/5th share, which he gets only from X. Calculate new ratio and sacrificing ratio.

28.Laxman and Mohan share profits in the ratio of 5: 2. They admit Sunder with 1/8TH share. Sunder gets it: a) equally from Laxman and Mohan b) In the ratio of 3: 1 from Laxman and Mohan respectively. Calculate the sacrificing ratio in both the above cases.

29.Preeti and Ritu share in the ratio of 7: 3. The admit Anshu. Preeti gives 1/3rd of her share and Ritu give 1/4th of her share to Anshu. Calculate Sacrificing ratio.

30.Seeta and Geeta shared profits in the ratio of 3: 2. Rita was admitted with 1/5th share. It was agreed that Seeta and Geeta will share future profits in the ratio of 2: 1. Calculate the new ratio and the sacrificing ratio.

31.Mala and Shalu shared pforits in the ratio of 3: 2. They admitted Kamala and agreed that their ratio will be 5: 3: 2. Calculate the sacrificing ratio.

32.Akash and Prakash shared profits as 2 : 3 . They admit Sudesh as a new partner. Akash, Prakash and Sudesh decide to share their profits in the ratio of 3: 2: 2 respectively. Calculate the gain or sacrifice made by each of the old partners on the admission of Sudesh.

**Please click the link below to download full pdf file for ****CBSE Class 12 Accountancy Admission of Partner (3)****.**

CBSE Class 12 Accountancy Accounting for Not-for-Profit Organisation Worksheet |

CBSE Class 12 Accountancy Accounting For Partnership Firms Worksheet Set A |

CBSE Class 12 Accountancy Accounting For Partnership Firms Worksheet Set B |

CBSE Class 12 Accountancy Accounting For Partnership Firms Worksheet Set C |

CBSE Class 12 Accountancy Debentures Worksheet |

CBSE Class 12 Accountancy Financial Statements Of Company Worksheet Set A |

CBSE Class 12 Accountancy Financial Statements Of Company Worksheet Set B |

CBSE Class 12 Accountancy Analysis Of Financial Statements Worksheet |

CBSE Class 12 Accountancy Financial Analysis And Tools For Financial Analysis Worksheet |

CBSE Class 12 Accountancy Ratio Analysis Worksheet |

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### CBSE Class 12 Accountancy Part 1 Chapter 3 Reconstitution of a Partnership Firm Admission of a Partner Worksheet

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