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Accountancy · 2023 · 1 mark

CBSE 2023 · Region 5 · Set 2 · Q1

Manas and Mili are partners in a firm sharing profits in the ratio of 3: 2. Anita is admitted as a new partner for 1/4 h share in future profits.…

Manas and Mili are partners in a firm sharing profits in the ratio of $\displaystyle 3$ : 2. Anita is admitted as a new partner for $\displaystyle 1$/$\displaystyle 4$*h share in future profits. Capitals of Manas and Mili were ₹ $\displaystyle 3,00,000$ and ₹ $\displaystyle 1,50,000$ respectively. Anita brought ₹ $\displaystyle 2,00,000$ as her capital. The value of goodwill of the firm on Anita's admission.
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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.