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Accountancy · 2026 · 1 mark

CBSE 2026 · Region 4 · Set 2 · Q16

Rohan and Meeta were partners in a firm sharing profits and losses in the ratio of $\displaystyle 5$ : 4. Their capitals were ₹ $\displaystyle 3,00,000$ and ₹ $\displaystyle 2,00,000$ respectively. They admitted Kabir as a new partner for 1th share in the profits of the firm. Kabir brought ₹ $\displaystyle 1,50,000$ as his g capital. Kabir's share in the goodwill of the firm was :
OR
Ravi, Nisha and Priya were partners in a firm sharing profits and losses in the ratio of $\displaystyle 4$ : $\displaystyle 3$ : 1. Ravi retired and the balance in his Capital Account after making necessary adjustments on account of reserves and revaluation of assets and re-assessment of liabilities was ₹ $\displaystyle 2,40$,000. Nisha and Priya agreed to pay him ₹ $\displaystyle 2,70,000$ in full settlement of his claim. The value of goodwill of the firm was :

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

CBSE Class 12 Accountancy past-paper question from the 2026board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.