✓ Board-verified
Accountancy · 2025 · 1 mark
Reconstitution of a Partnership Firm – Retirement/Death of a PartnerNew Profit Sharing Ratio on Retirement or Death of a Partner1 markmcq
CBSE 2025 · Region 7 · Set 3 · Q3
Hari, Chander, Prakash and Govind were partners in a firm sharing profits and losses in the ratio of $\displaystyle 5$ : $\displaystyle 3$ : $\displaystyle 1$ : 1. On 1st April, $\displaystyle 2024$, Hari retired and his share was acquired equally by Chander, Prakash and Govind. The new profit sharing ratio of Chander, Prakash and Govind will be :
Official answer
From CBSE’s own marking scheme for this paper.
(A)
$\displaystyle 7$ : $\displaystyle 4$ : $\displaystyle 4$
Marking-scheme solution
(A)
$\displaystyle 7$:$\displaystyle 4$:$\displaystyle 4$
Practice Reconstitution of a Partnership Firm – Retirement/Death of a Partner →All Reconstitution of a Partnership Firm – Retirement/Death of a Partner questions
More from Reconstitution of a Partnership Firm – Retirement/Death of a Partner
- Saurabh, Reena and Deepak were partners in a firm sharing profits and losses in the ratio of 5: 3: 2. Saurabh…2025
- Kiran, Raveena and Hina were partners in a firm sharing profits and losses in the ratio of 5: 3: 2. The firm…2026
- Sona, Mona and Raghav were partners in a firm sharing profits and losses in the ratio of 4: 3: 2. Raghav…2025
- Anchal, Prabhat and Karan were partners in a firm sharing profits and losses in the ratio of 3: 2: 1. On 31st…2026
- Vimal, Bose and Ghosh were partners in a firm sharing profits and losses equally. On 1st April, 2024, Bose…2025
- Aditi, Sukriti and Niti were partners sharing profits in the ratio of 2: 2 1 1. Sukriti died on 30th June,…2024
- P, Q and R were partners in a firm sharing profits and losses in the ratio of 2:1:2. Their balance sheet on…2023
- Anmol, Badal and Cheenu were partners in a firm sharing profits and losses in the ratio of 5: 4: 3. Badal…2024
CBSE Class 12 Accountancy past-paper question from the 2025board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.