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Accountancy · 2026 · 1 mark
CBSE 2026 · Region 4 · Set 1 · Q16
Anita and Priyal were partners in a firm sharing profits and losses in the ratio of $\displaystyle 3$ : 2. On 1st April, $\displaystyle 2024$, their capital accounts showed balances of ₹ $\displaystyle 3,00,000$ and ₹ $\displaystyle 4,00,000$ respectively. The partnership deed provided for interest on capital @ $\displaystyle 8$% p.a. The firm earned a profit of ₹ $\displaystyle 28,000$ for the year ended 31st March, 2025. Interest on capital allowed to Anita and Priyal was :
Official answer
From CBSE’s own marking scheme for this paper.
(C)
Anita ₹ $\displaystyle 12,000$, Priyal ₹ $\displaystyle 16,000$
Marking-scheme solution
(C)
Anita ₹ $\displaystyle 12,000$, Priyal ₹ $\displaystyle 16,000$
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CBSE Class 12 Accountancy past-paper question from the 2026board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.