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Accountancy · 2022 · 2 marks

CBSE 2022 · Region 2 · Set 1 · Q3

Suman, Shubham and Siya were partners in a firm sharing profits and losses in the ratio of $\displaystyle 5$ : $\displaystyle 3$ : 2. Shubham retired from the firm and Suman and Siya decided to continue the business. Their gaining ratio was $\displaystyle 3$ : 2. Calculate the new profit sharing ratio of Suman and Siya.

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CBSE Class 12 Accountancy past-paper question from the 2022board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.