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Accountancy · 2025 · 1 mark
CBSE 2025 · Region 1 · Set 2 · Q9
Modish and Pram were partners in a firm sharing profits and losses in the ratio of 1: 2. Their capitals were ₹ 5,00,000 and ₹ 3,00,000 respectively.…
Modish and Pram were partners in a firm sharing profits and losses in the ratio of $\displaystyle 1$ : 2. Their capitals were ₹ $\displaystyle 5{,}00{,}000$ and ₹ $\displaystyle 3{,}00{,}000$ respectively. They admitted Tushar as a new partner on 1st April, $\displaystyle 2024$ for $\displaystyle 1$/4th share in future profits. Tushar brought ₹ $\displaystyle 4{,}00{,}000$ as his share of capital. The goodwill of the firm on Tushar's admission will he :
Official answer
(B)
₹ $\displaystyle 4{,}00{,}000$
Marking-scheme solution
(B)
₹$\displaystyle 4{,}00{,}000$
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CBSE Class 12 Accountancy past-paper question from the 2025 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.