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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 :
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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.