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Accountancy · 2026 · 1 mark

CBSE 2026 · Region 2 · Set 3 · Q14

Devki and Neena were partners in a firm sharing profits and losses in the ratio of 4:3. Amar was admitted as a new partner for 1/5th share in the…

Devki and Neena were partners in a firm sharing profits and losses in the ratio of $\displaystyle 4$:3. Amar was admitted as a new partner for $\displaystyle 1$/5th share in the profits of the firm. Amar acquired $\displaystyle 1$/3rd of his share from Devki. How much share did Amar acquire from Neena ?
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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.