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Accountancy · 2025 · 1 mark

CBSE 2025 · Region 5 · Set 1 · Q2

Rani, Maharani and Laxmi were partners in a firm sharing profits and losses in the ratio of 3: 3: 2. On 1st April, 2024 they admitted Reena as a new…

Rani, Maharani and Laxmi were partners in a firm sharing profits and losses in the ratio of $\displaystyle 3$ : $\displaystyle 3$ : 2. On 1st April, $\displaystyle 2024$ they admitted Reena as a new partner for th share in the profits of the firm. E Reena acquired her share from Rani and Maharani in the ratio of $\displaystyle 3$ : 2. The new profit sharing ratio between Rani, Maharani, Laxmi and Reena will be :
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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.