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Accountancy · 2026 · 1 mark
CBSE 2026 · Region 5 · Set 3 · Q5
Tanay and Ishaan were partners in a firm and their capitals were ₹ $\displaystyle 4,00,000$ and ₹ $\displaystyle 1,00,000$ respectively. Normal rate of return in a similar business was $\displaystyle 15$% and goodwill of the firm was valued at ₹ $\displaystyle 1,00$,000. If goodwill was calculated at two years purchase of super profits, the average profits of the firm were :
Official answer
From CBSE’s own marking scheme for this paper.
(A)
=< $\displaystyle 1,25,000$
Marking-scheme solution
(A)
₹ $\displaystyle 1,25,000$
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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.