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Ravinder and Savita… (Class 12 Accountancy SQP 2026-27, Q9)

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AccountancyCBSE Class 12 · Sample paper, session 2026-27 · 1 mark · MCQ

CBSE Class 12 Accountancy sample paper 2026-27: question 9

From the official CBSE sample question paper for 2026-27, section A, question 9, for 1 mark. Try it first; the hints and our step-by-step solution are below.

Q9 · 1 mark · MCQReconstitution of a Partnership Firm – Admission of a Partner

Ravinder and Savita were partners sharing profits in the ratio of 3:2. Kavita was admitted for 1/5th share in profits and she brought ₹3,00,000, including ₹30,000 towards goodwill. After adjusting for goodwill, revaluation of assets and liabilities, and reserves, calculate Savita's adjusted capital on the basis of Kavita's capital and profit-sharing ratio.

  1. (A)₹4,32,000
  2. (B)₹5,00,000
  3. (C)₹3,00,000
  4. (D)₹6,00,000

Source: official sample paper from cbseacademic.nic.in (PDF). See it in the full Sample paper 2026-27.

Hints

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

Hint 1

Leave the goodwill out of Kavita's capital.

Hint 2

New ratio: the old partners give up 1/5 in 3 : 2.

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. Kavita's capital = ₹ 3,00,000 − ₹ 30,000 = ₹ 2,70,000 for 1/5, so total capital = ₹ 13,50,000. Her share comes from the old partners in 3 : 2, so the new ratio is 12 : 8 : 5.

  2. Savita's capital = 8/25 × ₹ 13,50,000 = ₹ 4,32,000. Option (A).

    1 mark

Answer: (A) ₹4,32,000

Where the marks are

  • Total capital ₹ 13,50,000; Savita's 8/25 (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 2026-27: 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.