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String and Kite… (Class 12 Accountancy SQP 2024-25, Q16)

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AccountancyCBSE Class 12 · Sample paper, session 2024-25 · 1 mark · MCQ

CBSE Class 12 Accountancy sample paper 2024-25: question 16

From the official CBSE sample question paper for 2024-25, section A, question 16, for 1 mark. Try it first; the hints and our step-by-step solution are below.

Q16 · 1 mark · MCQReconstitution of a Partnership Firm – Admission of a Partner

String and Kite were partners sharing profits and losses in the ratio 5:3. They admitted spinner as a new partner. String sacrificed ¼ from his share and Kite sacrificed 1/6 of his share. What will be the new ratio?

  1. (A)6:5:5
  2. (B)9:5:10
  3. (C)15:10:7
  4. (D)35:21:40

Source: official sample paper from cbseacademic.nic.in (PDF). See it in the full Sample paper 2024-25.

Hints

Open one hint at a time and try again before the next.

Hint 1

Read "from his share" and "of his share" carefully: they are different.

Hint 2

The new partner's share is the total sacrificed.

Hint 3

Use 16 as the common denominator.

Step-by-step solution

Each step shows the marks it earns, as an examiner would award them. Checked by an independent re-solve from the question paper.

  1. The wording differs: String sacrificed 1/4 from his share (1/4 of the firm), while Kite sacrificed 1/6 of his share (1/6 × 3/8 = 1/16).

  2. String = 5/8 − 1/4 = 6/16; Kite = 3/8 − 1/16 = 5/16; Spinner = 1/4 + 1/16 = 5/16. New ratio 6 : 5 : 5. Option (A).

    1 mark

Answer: (A) 6:5:5

Where the marks are

  • String gives 1/4 of the firm, Kite 1/6 of his own share (1 mark)

Revise the chapter

Practise this chapterBoard-style questions from Reconstitution of a Partnership Firm – Admission of a Partner, one at a time, marked against the answer key and marking points.Back to the full paperSample paper 2024-25: every question, by section.

The question is transcribed from the official paper; figures are described in words. The solution, hints and chapter tag are ours. Spotted an error? Write tosupport@questionbuddy.in.