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Accountancy · 2025 · 1 mark
Reconstitution of a Partnership Firm – Admission of a PartnerChange in Profit Sharing Ratio among the Existing Partners1 markmcq
CBSE 2025 · Region 1 · Set 1 · Q8
Misha, Sarita and Isha were partners in a firm sharing profits and losses in the ratio of $\displaystyle 3$ : $\displaystyle 2$ : 1. With effect from 1st April $\displaystyle 2024$, they decided that they will share profits and losses equally. The gain or sacrifice by the partners due to change in profit sharing ratio will be :ORSia, Tisha and Aryan were partners sharing profits and losses in the ratio of $\displaystyle 4$ : $\displaystyle 7$ : 1. The firm closes its books on 31st March every year. Tisha died on 1st July, 2024. Sia and Aryan will acquire Tisha's share in which of the following ratio ?
OR
Sia, Tisha and Aryan were partners sharing profits and losses in the ratio of $\displaystyle 4$ : $\displaystyle 7$ : 1. The firm closes its books on 31st March every year. Tisha died on 1st July, 2024. Sia and Aryan will acquire Tisha's share in which of the following ratio ?Official answer
From CBSE’s own marking scheme for this paper.
(a) → (A)
(b) → (B)
Marking-scheme solution
(A)
Misha's sacrifice $\displaystyle 1$/$\displaystyle 6$, Isha's gain $\displaystyle 1$/$\displaystyle 6$
Q. (b) Sia, Tisha and Aryan were partners sharing…
Ans. (B) $\displaystyle 4$:$\displaystyle 1$
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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.