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Accountancy · 2023 · 1 mark
CBSE 2023 · Region 5 · Set 3 · Q1
Nita and Samar are partners in a firm sharing profits in the ratio of 3: 2. Their fixed capitals were ₹ 90,000 and ₹ 2,10,000 respectively. They…
Nita and Samar are partners in a firm sharing profits in the ratio of $\displaystyle 3$ : 2. Their fixed capitals were ₹ $\displaystyle 90,000$ and ₹ $\displaystyle 2,10,000$ respectively. They admitted Mitali on April $\displaystyle 1$, $\displaystyle 2022$ as a new partner for $\displaystyle 1$/$\displaystyle 5$*h share in future profits. Mitali brought ₹ $\displaystyle 1,50,000$ as her capital. The value of goodwill of the firm on Mitali's admission was :
Bina and Ria are partners sharing profits in the ratio of $\displaystyle 5$ : 3. They admitted Siya as a new partner for $\displaystyle 3$/83h share which she acquired $\displaystyle 2$/$\displaystyle 8$h from Bina and $\displaystyle 1$/$\displaystyle 8$h from Ria. The new profit sharing ratio of Bina, Ria and Siya will be :
Official answer
(a) → (A)
(b) → (A)
Marking-scheme solution
(A)
-- ₹$\displaystyle 3,00,000$
OR
(b)
Q. Bina and Ria are partners ………………………….
Ans. (A) -- $\displaystyle 3$:$\displaystyle 2$:$\displaystyle 3$
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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.