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Accountancy · 2024 · 1 mark

CBSE 2024 · Region 4 · Set 1 · Q3

Aditya, Vishesh and Nimesh were partners in a firm sharing profits and losses equally. Aditya died on 1st July, 2023. Remaining partners decided to continue the business of the firm and decided to share future profits in the ratio of $\displaystyle 4$:3. The gaining ratio of Vishesh and Nimesh will be :

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CBSE Class 12 Accountancy past-paper question from the 2024board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.