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Accountancy · 2024 · 1 mark
CBSE 2024 · Region 4 · Set 2 · Q9
Gupta and Sharma are partners in a firm sharing profit in the ratio of 4:1. They admitted Preeti as a new partner for 1/4th share in the profits,…
Gupta and Sharma are partners in a firm sharing profit in the ratio of $\displaystyle 4$:1. They admitted Preeti as a new partner for $\displaystyle 1$/4th share in the profits, which she acquired wholly from Gupta. New profit sharing ratio of Gupta, Sharma and Preeti will be :
Official answer
(B)
$\displaystyle 11$ :$\displaystyle 4$:$\displaystyle 5$
Marking-scheme solution
(B)
$\displaystyle 11$:$\displaystyle 4$:$\displaystyle 5$
Read the following hypothetical………………………….
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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.