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Accountancy · 2025 · 1 mark
CBSE 2025 · Region 4 · Set 1 · Q8
Reema, Meesha and Shikha were partners in a partnership firm sharing profits and losses in the ratio of 8: 7: 5. On 1st October, 2023, Reema advanced…
Reema, Meesha and Shikha were partners in a partnership firm sharing profits and losses in the ratio of $\displaystyle 8$ : $\displaystyle 7$ : 5. On 1st October, $\displaystyle 2023$, Reema advanced a loan of ₹ $\displaystyle 5,00,000$ to the firm. There is no partnership deed. The firm's profit for the year ended 31st March, $\displaystyle 2024$ before charging interest on Reena's loan amounted to ₹ $\displaystyle 2,15$,000. The amount of profit credited to Shikha's capital account was :
Official answer
(C)
₹ $\displaystyle 50,000$
Marking-scheme solution
(C)
₹$\displaystyle 50,000$
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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.