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Accountancy · 2026 · 1 mark

CBSE 2026 · Region 1 · Set 3 · Q3

Lalita, Shivani and Madhuri were partners in a firm sharing profits and losses in the ratio of $\displaystyle 3$ : $\displaystyle 2$ : 1. Madhuri retired from the firm on 31st March, 2025. The balance in her capital account on the date of her retirement was ₹ $\displaystyle 1,80$,000. Lalita and Shivani agreed to pay her ₹ $\displaystyle 2,25,000$ in full settlement of her claim. The goodwill of the firm on Madhuri's retirement was :

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CBSE Class 12 Accountancy past-paper question from the 2026board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.