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Accountancy · 2025 · 1 mark
Reconstitution of a Partnership Firm – Retirement/Death of a PartnerAscertaining the Amount Due to Retiring/Deceased Partner1 markvery short answer
CBSE 2025 · Region 4 · Set 2 · Q12
Tavish, Umesh and Varun were partners in a firm sharing profits and losses in the ratio of $\displaystyle 4$ : $\displaystyle 3$ : 2. Tavish retired. Umesh and Varun decided to share profits and losses in future in the ratio of $\displaystyle 5$ : 3. The gaining share of Umesh will be :ORAsit, Sonu and Hina were partners in a firm sharing profits and losses in the ratio of $\displaystyle 3$ : $\displaystyle 2$ : 1. Asit retired and the balance in his capital account after making necessary adjustments on account of reserves and revaluation of assets and liabilities was ₹ $\displaystyle 40,00$,000. Sonu and Hina agreed to pay him ₹ $\displaystyle 45,00,000$ in full settlement of his claim. The value of goodwill of the firm was :
OR
Asit, Sonu and Hina were partners in a firm sharing profits and losses in the ratio of $\displaystyle 3$ : $\displaystyle 2$ : 1. Asit retired and the balance in his capital account after making necessary adjustments on account of reserves and revaluation of assets and liabilities was ₹ $\displaystyle 40,00$,000. Sonu and Hina agreed to pay him ₹ $\displaystyle 45,00,000$ in full settlement of his claim. The value of goodwill of the firm was :Official answer
From CBSE’s own marking scheme for this paper.
(a) → (A)
(b) → (D)
Marking-scheme solution
(A)
$\displaystyle 21$
$\displaystyle 72$
OR
(b) Q. Asit, Sonu and Hina were partners ………………………Ans. (D) - `$\displaystyle 10,00,000$
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CBSE Class 12 Accountancy past-paper question from the 2025board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.