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Shashi, Maya and Komal… (Class 12 Accountancy 2026, Q7b)

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AccountancyCBSE Class 12 · Board exam 2026, set 67/5/1 · 1 mark · MCQ

CBSE Class 12 Accountancy 2026: question 7(b)

Set in the CBSE Class 12 board exam of 2026, paper 67/5/1, section A, question 7(b), for 1 mark. Try it first; the hints and our step-by-step solution are below.

Q7(b) · 1 mark · MCQReconstitution of a Partnership Firm – Retirement/Death of a Partner

Shashi, Maya and Komal were partners in a firm sharing profits and losses in the ratio of 5 : 3 : 2. On 31st March, 2025 Komal retired. The new profit sharing ratio between Shashi and Maya was decided as 3 : 5. The gain or sacrifice of Shashi and Maya on Komal's retirement was :

  1. (A)Shashi's sacrifice ; Maya's gain
  2. (B)Shashi's gain ; Maya's sacrifice
  3. (C)Shashi's sacrifice ; Maya's sacrifice
  4. (D)Shashi's gain ; Maya's gain

Source: official question paper from cbse.gov.in (PDF). See it in the full 2026 board paper, set 67/5/1.

Hints

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

Hint 1

Compare each partner's old and new share with denominator 40.

Hint 2

A partner can sacrifice even when another partner retires.

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. Shashi: old 5/10 = 20/40, new 3/8 = 15/40, so a sacrifice of 5/40 = 1/8. Maya: old 3/10 = 12/40, new 5/8 = 25/40, so a gain of 13/40.

  2. Komal's 8/40 plus Shashi's 5/40 together make Maya's gain of 13/40. Option (A).

    1 mark

Answer: (A) Shashi's sacrifice 1/8; Maya's gain 13/40

Where the marks are

  • Old − new share for each partner (1 mark)

Revise the chapter

Practise this chapterBoard-style questions from Reconstitution of a Partnership Firm – Retirement/Death of a Partner, one at a time, marked against the answer key and marking points.Back to the full paper2026 board paper, set 67/5/1: 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.