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Accountancy · 2026 · 1 mark
CBSE 2026 · Region 4 · Set 2 · Q4
Ankur and Angad were partners in a firm sharing profits and losses in the ratio of $\displaystyle 8$ : 7. On 1st July, $\displaystyle 2024$, Angad advanced a loan of ₹ $\displaystyle 8,00,000$ to the firm. There is no partnership deed. Angad demands interest on loan @ $\displaystyle 10$% p.a. On 31st March, $\displaystyle 2025$, the amount of interest on loan due to Angad will be :
Official answer
From CBSE’s own marking scheme for this paper.
(A)
₹ $\displaystyle 36,000$
Marking-scheme solution
(A)
₹ $\displaystyle 36,000$
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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.