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Accountancy · 2025 · 1 mark

CBSE 2025 · Region 7 · Set 2 · Q4

Saloni and Mohini were partners in a firm sharing profits and losses in the ratio of 3: 2. On 31st March, 2024, Saloni's capital was ₹ 1,50,000.…

Saloni and Mohini were partners in a firm sharing profits and losses in the ratio of $\displaystyle 3$ : 2. On 31st March, $\displaystyle 2024$, Saloni's capital was ₹ $\displaystyle 1,50$,000. During the year, she withdrew *s $\displaystyle 10,000$ and introduced additional capital of $\displaystyle 32$,000. For the year ended 31st March, $\displaystyle 2024$, the firm earned a profit of ₹ $\displaystyle 50$,000. Salomi's capital as on 1st April, $\displaystyle 2023$, was :
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