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Accountancy · 2026 · 1 mark
CBSE 2026 · Region 5 · Set 2 · Q5
Aashree and Manvi were partners in a firm and their capitals were ₹ 6,00,000 and ₹ 4,00,000 respectively. Normal rate of return in a similar business…
Aashree and Manvi were partners in a firm and their capitals were ₹ $\displaystyle 6,00,000$ and ₹ $\displaystyle 4,00,000$ respectively. Normal rate of return in a similar business was $\displaystyle 15$% and the goodwill of the firm was valued at $\displaystyle 3,00$,000. If goodwill was calculated at three years purchase of super profits, the average profits of the firm were :
Official answer
(C)
₹ $\displaystyle 2,50,000$
Marking-scheme solution
(C)
₹ $\displaystyle 2,50,000$
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CBSE Class 12 Accountancy past-paper question from the 2026 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.