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Accountancy · 2024 · 1 mark
CBSE 2024 · Region 3 · Set 1 · Q4
Geeta and Hari were partners in a firm sharing profits and losses in the 1th ratio of 3: 2. Krish was admitted as a new partner for share in 5…
Geeta and Hari were partners in a firm sharing profits and losses in the 1th ratio of $\displaystyle 3$ : 2. Krish was admitted as a new partner for share in $\displaystyle 5$ profits of the firm which he acquired from Geeta and Hari in the ratio of $\displaystyle 2$ : 3. Krish brought ₹ $\displaystyle 1,00,000$ as his share of capital and ₹ $\displaystyle 50,000$ as premium for goodwill in cash. The sacrificing ratio of Geeta and Hari will be :
Official answer
(C)
$\displaystyle 2$ : $\displaystyle 3$
Marking-scheme solution
(C)
-- $\displaystyle 2$ : $\displaystyle 3$
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CBSE Class 12 Accountancy past-paper question from the 2024 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.