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Accountancy · 2026 · 1 mark
CBSE 2026 · Region 1 · Set 3 · Q13
Soni and Kush were partners in a firm sharing profits and losses in the ratio of $\displaystyle 4$ : 5. Hitesh was admitted as a new partner for $\displaystyle 1$/5th share in the profits of the firm. After all adjustments regarding general reserve, goodwill, and gain on revaluation of assets and reassessment of liabilities, the balances in capital accounts of Soni and Kush were ₹ $\displaystyle 7,00,000$ and ₹ $\displaystyle 13,00,000$ respectively. Hitesh brought in proportionate capital for his $\displaystyle 1$/5th share in the profits of the firm. The amount of proportionate capital brought in by Hitesh was :
Official answer
From CBSE’s own marking scheme for this paper.
(C)
₹ $\displaystyle 5,00,000$
Marking-scheme solution
(C)
₹$\displaystyle 5,00,000$
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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.