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Accountancy · 2023 · 1 mark

CBSE 2023 · Region 1 · Set 1 · Q14

Akshita and Anurag are partners in a firm sharing profits in the ratio of 2: 1. Akshat is admitted in the firm with 1/3 share in profits. Akshat…

Akshita and Anurag are partners in a firm sharing profits in the ratio of $\displaystyle 2$ : 1. Akshat is admitted in the firm with $\displaystyle 1$/$\displaystyle 3$ share in profits. Akshat acquires $\displaystyle 2$/$\displaystyle 3$ of his share from Akshita and $\displaystyle 1$/$\displaystyle 3$ of his share from Anurag. The new profit sharing ratio of Akshita, Anurag and Akshat will be :
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CBSE Class 12 Accountancy past-paper question from the 2023 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.