Admission of a Partner: Class 12 Previous Year Questions

Admission of a Partner questions asked in CBSE board exams

Repeated questions first. Open the free app to see each question as it appeared in the paper, with its marking scheme.

1. (a) Mitali and Karan were partners in a firm sharing profits and losses in the ratio of 3:2. Their Balance Sheet as on 31st March, 2025 was as follows : Balance Sheet of Mitali and Karan as on 31st March, 2025 Amount Amount Liabilities Assets (R) () Machinery …
   Board 20266 markslong answerRepeated: 2023,2025,2026
2. Chaman and Vatika were partners in a firm sharing profits and losses in the ratio of 4 : 5. They admitted Mohan as a new partner for 1/5th share in the profits of the firm. Mohan acquired his share equally from Chaman and Vatika. The new profit sharing ratio o…
   Board 20261 markMCQRepeated: 2024,2025,2026
3. (a) Madhav and Girdhari were partners in a firm sharing profits and losses in the ratio of 3:1. Their balance sheet as at 31st March, 2022 was as follows : Balance sheet of Madhav and Girdhari as on 3lst March, 2022 Liabilities Amount Assets Amount () () Capit…
   Board 20236 markslong answerRepeated: 2023,2025,2026
4. Arun, Bashir and Joseph were partners in a firm sharing profits and losses in the ratio of 5 : 3 : 2. They admitted Daksh as a new partner who from his share to Daksh, Daksh's share in the profits of the firm will be : (A) (B) 10 (C) (D) 10 31202480,000 (A) 30…
   Board 20251 markMCQRepeated: 2025,2026
5. Page 3 of 39 1. (a) Atul, Beena and Sita were partners in a firm sharing profits and losses in the ratio of 8 : 7 : 5. Damini was admitted as a new partner for 5 1 th share in the profits which she acquired entirely ission will be : 1 (A) 7 : 7 : 5 : 1 (B) 4 :…
   Board 20241 markMCQRepeated: 2024,2026
6. (a) Sanjay and Vijay were partners in a firm sharing profits and losses in the ratio of 4 : 3. On 1st April, 2025 they admitted Babul as a new the following was agreed upon : (i) The new profit sharing ratio of Sanjay, Vijay and Babul will be 3:3: 4. the avera…
   Board 20266 markslong answer
7. Soni and Kush were partners in a firm sharing profits and losses in the ratio of 4 : 5. Hitesh was admitted as a new partner for 1/5th share in the profits of the firm. After all adjustments regarding general reserve, goodwill, and gain on revaluation of asset…
   Board 20261 markMCQ
8. Devki and Neena were partners in a firm sharing profits and losses in the ratio of 4:3. Amar was admitted as a new partner for 1/5th share in the profits of the firm. Amar acquired 1/3rd of his share from Devki. How much share did Amar acquire from Neena ? 2/3…
   Board 20261 markMCQ
9. Anubha and Yuvika were partners in a firm sharing profits and losses in the ratio of 3 : 2. From 1st April 2024, they decided to share future profits and losses in the ratio of 2 : 3. On this date, their balance sheet showed a balance of 50,000 in General Rese…
   Board 20253 marksshort answer
10. Moksh and Pran were partners in a firm sharing profits and losses in the ratio of 1 : 2. Their capitals were 5,00,000 and 3,00,000 respectively. They admitted Tushar as a new partner on 1st April, 2024 for 1/4th share in future profits. Tushar brought 4,00,000…
    Board 20251 markMCQ
11. Pulkit and Ravinder were partners in a firm sharing profits and losses in the 1th ratio of 3 : 2. Sikander was admitted as a new partner for share in the profits of the firm. Pulkit, Ravinder and Sikander decided to share future profits in the ratio of 2 : 2 :…
    Board 20251 markMCQ
12. Kajal and Laura were partners in a firm sharing profits and losses in the .1th ratio of 5 : 3. They admitted Maddy for share in future profits. Maddy brought 8,00,000 as his capital and 4,00,000 as his share of premium for goodwill. Kajal, Laura and Maddy deci…
    Board 20251 markvery short
13. Suhas and Vilas were partners in a firm with capitals of 4,00,000 and 1th 3,00,000 respectively. They admitted Prabhas as a new partner for share in future profits. Prabhas brought 2,00,000 as his capital. Prabhas' share of goodwill will be : (A) 1,00,000 (B) …
    Board 20251 markMCQ
14. Nita, Vidur and Mita were partners in a firm sharing profits and losses in the ratio of 3 : 4 : 1. On 1st April 2024, they decided to admit Samir as a new partner. The new profit sharing ratio between Nita, Vidur, Mita and Samir will now be 1 : 1 : 1 : 1. The …
    Board 20251 markMCQ
15. Page 8 of 39 10. _hmamOm {b{_Q>oS> Zo S>mob{\$Z {b{_Q>oS> H$s < 15,00,000 H$s n[agån{Îm`m| VWm < 2,00,000 H$s Xo`VmAm| H$m A{YJ«hU < 12,60,000 Ho$ gh_V H«$` _yë` na {H$`m & `h gh_{V hþB© {H$ H«$` _yë` H$m ^wJVmZ < 100 àË`oH$ Ho$ 11% G$UnÌm| H$mo 10% Ny>Q> na {…
    Board 20241 markMCQ
16. Page 4 of 39 5. b EH$ \$_© _| gmPoXma Wo VWm 5 : 3 : 2 Ho$ AZwnmV _| bm^-hm{Z {d^m{OV H$aVo Wo & CÝhm|Zo S>moZm H$mo ^mdr bm^m| _| 5 1 ^mJ Ho$ {bE EH$ ZE gmPoXma Ho$ ê$n _| àdoe {X`m & S>moZm AmZwnm{VH$ n±yOr XoZo Ho$ {bE gh_V hmo JB© & àdoe H$s {V{W na H«$_e:…
    Board 20241 markMCQ
17. Page 4 of 39 4. (i) 1 OZdar, 2023 H$mo EH$ gmPoXma A{^foH$ Zo \$_© H$mo < 3,00,000 H$m A{J«_ G$U {X`m & gmPoXmar g_Pm¡Vo H$s AZwnpñW{V _| 31 _mM©, 2023 H$mo g_mßV hmoZo dmbo df© Ho$ {bE G$U na ã`mO H$s am{e hmoJr : 1 (A) < 18,000 (B) < 4,500 (C) < 9,000 (D) H$…
    Board 20241 markMCQ
18. (A) On admission of a new partner, the old partners share the gain or loss on revaluation of assets and reassessment of liabilities in which of the following ratio : (a)Equally (b) In old profit sharing ratio In new profit sharing ratio (d) In sacrificing rati…
    Board 20231 markMCQ
19. (A) A partnership firm has four partners. How many additional partners can be admitted into the business as per the provisions of the Companies Act, 2013 ? (b) (a)50 46 100 (d) 96 (c) OR (B) 6,00,000 and 4,00,000 respectively. Kavi was admitted as a new partne…
    Board 20231 markMCQ
20. p g 24 Aman and Biswas were partners sharing profits and losses in the ratio of 3:2. They admitted Chetan as a new partner for 25% share. Balance sheet of Aman and Biswas was as follows on March 31, 2023. Liabilities ₹ Assets ₹ Creditors 50,000 Bank 40,000 Emp…
    CBSE practice 2023-246 markslong answer

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