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Accountancy · 2023 · 1 mark
CBSE 2023 · Region 2 · Set 2 · Q8
Gopal, Krishna and Govind were partners sharing profits and losses in the ratio of 5:4:3. Krishna retired on 1st April, 2022. Gopal and Govind…
Gopal, Krishna and Govind were partners sharing profits and losses in the ratio of $\displaystyle 5$:$\displaystyle 4$:3. Krishna retired on 1st April, 2022. Gopal and Govind purchased his share of profit by giving him ₹ $\displaystyle 1{,}20$,000. ₹ $\displaystyle 80{,}000$ was paid by Gopal and ₹ $\displaystyle 40{,}000$ by Govind. Gaining ratio is :
Official answer
(D)
$\displaystyle 2$ : $\displaystyle 1$
Marking-scheme solution
(d)
$\displaystyle 2$:$\displaystyle 1$
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CBSE Class 12 Accountancy past-paper question from the 2023 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.