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Accountancy · 2025 · 1 mark
CBSE 2025 · Region 2 · Set 3 · Q2
Ekta, Faguni and Garima were partners in a firm sharing profits and losses in the ratio of 5: 3: 1. Faguni was guaranteed ₹ 25,000 as her share of…
Ekta, Faguni and Garima were partners in a firm sharing profits and losses in the ratio of $\displaystyle 5$ : $\displaystyle 3$ : 1. Faguni was guaranteed ₹ $\displaystyle 25{,}000$ as her share of profit in the firm. Any deficiency arising on that account was to be met by Ekta. The firm earned a profit of ₹ $\displaystyle 90{,}000$ for the year ended 3lsl= March, 2024. The profit credited to Faguni's capital account was :
Official answer
(A)
₹ $\displaystyle 30{,}000$
Marking-scheme solution
(A)
₹$\displaystyle 30{,}000$
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CBSE Class 12 Accountancy past-paper question from the 2025 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.