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Accountancy · 2026 · 1 mark
CBSE 2026 · Region 5 · Set 1 · Q8
Alok, Sarah and Aditya were partners in a firm sharing profits and losses in the ratio of 5: 3: 2. On 1st January, 2025 Alok advanced a loan of ₹…
Alok, Sarah and Aditya were partners in a firm sharing profits and losses in the ratio of $\displaystyle 5$ : $\displaystyle 3$ : 2. On 1st January, $\displaystyle 2025$ Alok advanced a loan of ₹ $\displaystyle 2,00,000$ to the firm. In the absence of a partnership agreement, the amount of interest on loan due to Alok on 31st March, $\displaystyle 2025$ will be :
Official answer
(C)
₹ $\displaystyle 3,000$
Marking-scheme solution
(C)
₹ $\displaystyle 3,000$
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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.