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Accountancy · 2025 · 1 mark
CBSE 2025 · Region 2 · Set 2 · Q11
Pulkit and Ravinder were partners in a firm sharing profits and losses in the 1th ratio of $\displaystyle 3$ : 2. Sikander was admitted as a new partner for - share in the $\displaystyle 5$ profits of the firm. Pulkit, Ravinder and Sikander decided to share future profits in the ratio of $\displaystyle 2$ : $\displaystyle 2$ : 1. Sikander brought ₹ $\displaystyle 5,00,000$ as his capital and ₹ $\displaystyle 10,00,000$ as his share of premium for goodwill. The amount of premium for goodwill that will be credited to the old partners' capital accounts will be :
Official answer
From CBSE’s own marking scheme for this paper.
(A)
Pulkit's Capital Account ₹ $\displaystyle 10,00,000$
Marking-scheme solution
(A)
Pulkit’s Capital Account ₹$\displaystyle 10,00,000$
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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.