✓ Board-verified
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 $\displaystyle 1$ : 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
From CBSE’s own marking scheme for this paper.
(B)
₹ $\displaystyle 4,00,000$
Marking-scheme solution
(B)
₹$\displaystyle 4,00,000$
Practice Reconstitution of a Partnership Firm – Admission of a Partner →All Reconstitution of a Partnership Firm – Admission of a Partner questions
More from Reconstitution of a Partnership Firm – Admission of a Partner
- Asha and Indra were partners in a firm sharing profits and losses in the ratio of 3: 2. Their Balance Sheet…2026
- Devki and Neena were partners in a firm sharing profits and losses in the ratio of 4:3. Amar was admitted as…2026
- Alex, Benn and Cole were partners in a firm sharing profits and losses in 1th the ratio of 5: 3: 2. They…2024
- Sanjay and Vijay were partners in a firm sharing profits and losses in the ratio of 4: 3. On 1st April, 2025…2026
- The goodwill of a firm was valued on the basis of 3 years purchase of average profits for the last four…2023
- Mansi and Uma were partners in a firm and their capitals were 4,00,000 and ₹ 2,00,000 respectively. Normal…2026
- Atul, Beena and Sita were partners in a firm sharing profits and losses in the ratio of 8: 7: 5. Damini was…2024
- P hawana and Vedika were partners in a firm sharing profits and losses in the ratio of 5: 4. From 1st April,…2025
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.