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Accountancy · 2023 · 1 mark
CBSE 2023 · Region 3 · Set 1 · Q14
A partnership firm has capital employed of ₹ $\displaystyle 6,00$,000. Its average profits are ₹ $\displaystyle 80$,000. The normal rate of return in similar type of business is $\displaystyle 10$%. The amount of super profits are :
Official answer
From CBSE’s own marking scheme for this paper.
(C)
₹ $\displaystyle 20,000$
Marking-scheme solution
(c)
₹$\displaystyle 20,000$
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CBSE Class 12 Accountancy past-paper question from the 2023board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.