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Accountancy · 2023 · 1 mark
CBSE 2023 · Region 3 · Set 3 · Q10
Anu, Charu and Divya are partners sharing profits and losses in the ratio of 2: 1: 2. Their capitals were ₹ 5,00,000, ₹ 3,00,000 and ₹ 2,00,000…
Anu, Charu and Divya are partners sharing profits and losses in the ratio of $\displaystyle 2$ : $\displaystyle 1$ : 2. Their capitals were ₹ $\displaystyle 5,00,000$, ₹ $\displaystyle 3,00,000$ and ₹ $\displaystyle 2,00,000$ respectively. Anu personally guaranteed that in any year, Divya's share of profit after allowing interest on capital to all partners @ $\displaystyle 5$% p.a. would not be less than ₹ $\displaystyle 75$,000. The profit for the year ending 31st March, $\displaystyle 2022$ amounted to ₹ $\displaystyle 2,00$,000. The final amount of profit distributed among the partners after adjustment of guaranteed amount will be :
Official answer
(D)
Anu ₹ $\displaystyle 45,000$; Charu ₹ $\displaystyle 30,000$; Divya ₹ $\displaystyle 75,000$
Marking-scheme solution
(d)
Anu ₹$\displaystyle 45,000$; Charu ₹$\displaystyle 30,000$; Divya ₹$\displaystyle 75,000$
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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.