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Building was… (Class 12 Accountancy SQP 2025-26, Q11)

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

CBSE Class 12 Accountancy sample paper 2025-26: question 11

From the official CBSE sample question paper for 2025-26, section A, question 11, for 1 mark. Try it first; the hints and our step-by-step solution are below.

Q11 · 1 mark · MCQReconstitution of a Partnership Firm – Admission of a Partner

Building was appearing in the books at ₹ 20,00,000 which was overvalued by 25%. What amount will be shown in the Balance Sheet of a reconstituted firm for building?

  1. (A)₹ 25,00,000
  2. (B)₹ 16,00,000
  3. (C)₹ 24,00,000
  4. (D)₹ 15,00,000

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

Overvaluation is a percentage of the true value, not of the book value.

Hint 2

Divide the book value by 1.25.

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. "Overvalued by 25%" means book value = true value × 125/100.

  2. True value = ₹ 20,00,000 × 100/125 = ₹ 16,00,000, the amount shown in the new Balance Sheet. Option (B).

    1 mark

Answer: (B) ₹ 16,00,000

Where the marks are

  • True value = book value × 100/125 (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.