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Accountancy · 2025 · 1 mark
CBSE 2025 · Region 7 · Set 2 · Q12
Pooja and Kumari were partners in a firm sharing profits and losses in the ratio of $\displaystyle 2$ : 1. On 1st April, $\displaystyle 2023$, Noori was admitted for a new partner $\displaystyle 1$/4th share in the profits of the firm. Noori was guaranteed a minimum profit of ₹ $\displaystyle 1,20$,000. Any deficiency on this account was to be borne by Pooja and Kumari in their profit sharing ratio. During the year ended 31st March, $\displaystyle 2024$, the firm earned a net profit of $\displaystyle 3,60$,000. The amount of deficiency borne by Pooja will be :
Official answer
From CBSE’s own marking scheme for this paper.
(A)
₹ $\displaystyle 20,000$
Marking-scheme solution
(A)
₹$\displaystyle 20,000$
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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.