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Accountancy · 2026 · 1 mark
Reconstitution of a Partnership Firm – Admission of a PartnerChange in Profit Sharing Ratio among the Existing Partners1 markmcq
CBSE 2026 · Region 3 · Set 2 · Q1
Anup, Bharti and Manoj were partners in a firm sharing profits and losses in the ratio of $\displaystyle 11$ : $\displaystyle 8$ : 1. From 1st April, $\displaystyle 2025$, they decided to share the future profits in the ratio of $\displaystyle 2$ : $\displaystyle 2$ : 1. The gain or sacrifice of each partner due to change in profit sharing ratio will be :ORArun, Varun and Tarun were partners in a firm sharing profits and losses in the ratio of $\displaystyle 5$ : $\displaystyle 3$ : 2. On 31st March, $\displaystyle 2025$, Arun died. Varun and Tarun decided to share future profits equally. The gaining ratio of Varun and Tarun will be :
OR
Arun, Varun and Tarun were partners in a firm sharing profits and losses in the ratio of $\displaystyle 5$ : $\displaystyle 3$ : 2. On 31st March, $\displaystyle 2025$, Arun died. Varun and Tarun decided to share future profits equally. The gaining ratio of Varun and Tarun will be :Official answer
From CBSE’s own marking scheme for this paper.
(a) → (B)
(b) → (C)
Marking-scheme solution
(B)
Anup’s sacrifice , Manoj’s gain
$\displaystyle 20$ $\displaystyle 20$
Q. Arun, Varun and Tarun were partners in a firm…..
Ans. (C) $\displaystyle 2$ : $\displaystyle 3$
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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.