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Accountancy · 2024 · 1 mark
Reconstitution of a Partnership Firm – Admission of a PartnerNew Profit Sharing Ratio on Admission of a Partner1 markmcq
CBSE 2024 · Region 5 · Set 2 · Q15
A, B and C were partners in a firm sharing profits and losses in the ratio 1 1 1... 1th.. of §: g: E. D was admitted in the firm for 5 share. C would…
A, B and C were partners in a firm sharing profits and losses in the ratio $\displaystyle 1$ $\displaystyle 1$ $\displaystyle 1$ . . . 1th . . of § : g : E . D was admitted in the firm for $\displaystyle 5$ share. C would retain his original share. The new profit sharing ratio will be :
Official answer
(C)
$\displaystyle 21$:$\displaystyle 14$:$\displaystyle 15$:$\displaystyle 10$
Marking-scheme solution
Q. A, B and C were partners in a firm….
(C)
$\displaystyle 21$:$\displaystyle 14$:$\displaystyle 15$:$\displaystyle 10$
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CBSE Class 12 Accountancy past-paper question from the 2024 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.