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Accountancy · 2024 · 1 mark
CBSE 2024 · Region 4 · Set 1 · Q1
Kanha, Resham and Nisha were partners in a firm. Nisha had given a loan of ₹ $\displaystyle 1,00,000$ to the firm @ $\displaystyle 10$% p.a. The accountant of the firm is emphasizing that interest on loan will be paid @ $\displaystyle 6$% p.a. At what rate the interest on loan will be paid to Nisha ?
Official answer
From CBSE’s own marking scheme for this paper.
(B)
$\displaystyle 10$% p.a
Marking-scheme solution
(B)
$\displaystyle 10$% p.a.
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CBSE Class 12 Accountancy past-paper question from the 2024board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.