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Accountancy · 2024 · 1 mark
CBSE 2024 · Region 3 · Set 3 · Q8
Richa, Sheena and Tapti were partners in a firm sharing profits and losses in the ratio of 3: 2: 1. The partnership deed provided for charging…
Richa, Sheena and Tapti were partners in a firm sharing profits and losses in the ratio of $\displaystyle 3$ : $\displaystyle 2$ : 1. The partnership deed provided for charging interest on drawings @ $\displaystyle 10$% p.a. The drawings of Richa, Sheena and Tapti during the year ended 31st March, $\displaystyle 2023$ amounted to ₹ $\displaystyle 50,000$, ₹ $\displaystyle 40,000$ and ₹ $\displaystyle 30,000$ respectively. The net profit for the year ended 31st March, $\displaystyle 2023$ was ₹ $\displaystyle 57$,000. Tapti's share of profit will be :
Official answer
(C)
₹ $\displaystyle 10,500$
Marking-scheme solution
(C)
-- ₹$\displaystyle 10$,500.
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CBSE Class 12 Accountancy past-paper question from the 2024 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.