SolveIt is under development
SolveItNCERT · CBSE · NEET
Question 138 / 367 · latest first
✓ Board-verified
Accountancy · 2025 · 1 mark

CBSE 2025 · Region 4 · Set 2 · Q11

Prakhar and Rajan were partners in a firm sharing profits and losses in 2 2 the ratio of 3: 2 with capitals of ₹ 10,00,000 and ₹ 9,00,000…

Prakhar and Rajan were partners in a firm sharing profits and losses in $\displaystyle 2$ $\displaystyle 2$ the ratio of $\displaystyle 3$ : $\displaystyle 2$ with capitals of ₹ $\displaystyle 10,00,000$ and ₹ $\displaystyle 9,00,000$ respectively. 1th Siddharth was admitted as a new partner for share in the profits of the firm. The new profit sharing ratio between Prakhar, Rajan and Siddharth was agreed at $\displaystyle 12$ : $\displaystyle 8$ : 5. The sacrificing ratio of Prakhar and Rajan will be :
ShareWhatsAppTelegram

More from Reconstitution of a Partnership Firm – Admission of a Partner

CBSE Class 12 Accountancy past-paper question from the 2025 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.