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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 4 · Set 2 · Q8
Asha, Manan and Niyati were partners in a firm sharing profits and losses in the ratio of 3: 2: 1. With effect from 1st April, 2025, they agreed to…
Asha, Manan and Niyati were partners in a firm sharing profits and losses in the ratio of $\displaystyle 3$ : $\displaystyle 2$ : 1. With effect from 1st April, $\displaystyle 2025$, they agreed to share profits and losses equally. Due to change in the profit sharing ratio, Asha's gain or sacrifice will be :
Official answer
(A)
Sacrifice $\displaystyle 1$/$\displaystyle 6$
Marking-scheme solution
(A)
Sacrifice $\displaystyle 1$/$\displaystyle 6$
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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.