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Accountancy · 2026 · 1 mark

CBSE 2026 · Region 4 · Set 3 · Q5

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, Ash a's gain or sacrifice will be :

More from Reconstitution of a Partnership Firm – Admission of a Partner

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.