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Arun and Barun… (Class 12 Accountancy SQP 2025-26, Q10a)

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AccountancyCBSE Class 12 · Sample paper, session 2025-26 · 1 mark · MCQ

CBSE Class 12 Accountancy sample paper 2025-26: question 10(a)

From the official CBSE sample question paper for 2025-26, section A, question 10(a), for 1 mark. Try it first; the hints and our step-by-step solution are below.

Q10(a) · 1 mark · MCQReconstitution of a Partnership Firm – Admission of a Partner

Arun and Barun were partners sharing Profits &Losses in the ratio 3:2. They admitted Charan into partnership for 20% share. Charan was to bring proportionate Capital and he brought ₹ 3,50,000 (including ₹ 50,000 for goodwill share) in firm. If adjusted capital of Arun after Revaluation Gain/Loss, Accumulated Profits/Losses and Goodwill treatment was ₹ 8,40,000. What was Barun’s Capital after Revaluation Gain/Loss, Accumulated Profits/Losses and Goodwill treatment?

  1. (A)₹ 5,60,000
  2. (B)₹ 3,60,000
  3. (C)₹ 12,00,000
  4. (D)₹ 6,60,000

Source: official sample paper from cbseacademic.nic.in (PDF). See it in the full Sample paper 2025-26.

Hints

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

Hint 1

Leave out the goodwill part of what Charan brings.

Hint 2

Charan's capital is 1/5 of the total capital.

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. Charan brings ₹ 3,50,000, of which ₹ 50,000 is goodwill, so his capital is ₹ 3,00,000 for a 1/5 share. Total capital of the new firm = ₹ 3,00,000 × 5 = ₹ 15,00,000.

  2. Old partners together hold 4/5 = ₹ 12,00,000. Barun = ₹ 12,00,000 − ₹ 8,40,000 = ₹ 3,60,000. Option (B).

    1 mark

Answer: (B) ₹ 3,60,000

Where the marks are

  • Total capital from Charan's capital; Barun = 12,00,000 − 8,40,000 (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 2025-26: 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.