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Accountancy · 2024 · 1 mark

CBSE 2024 · Region 3 · Set 3 · Q9

Nicku, Mala and Ritu were partners in a firm sharing profits in the ratio of $\displaystyle 5$ : $\displaystyle 3$ : 2. Nicku died on 30th September, 2023. The deceased partner was entitled to his share of profit up to the date of death which was to be calculated on the basis of previous year's profit. The previous year's profit was ₹ $\displaystyle 80$,000. Nicku's share of profit will be :
OR
Nikhil, Arun and Mansi were partners in a firm sharing profits and losses in the ratio of $\displaystyle 4$ : $\displaystyle 3$ : 3. With effect from 1st April, $\displaystyle 2023$, they decided to share profits and losses in the ratio of $\displaystyle 5$ : $\displaystyle 3$ : 2. Due to change in the profit sharing ratio, Mansi's gain or sacrifice will be :

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CBSE Class 12 Accountancy past-paper question from the 2024board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.