Target Exam

CUET

Subject

Accountancy Part A

Chapter

Accounting for Partnership

Question:

Deepti, Vinay and Himani are partners in a firm sharing profits and losses in the ratio of 3:3:2. They decided to share the profits equally w.e.f. April 01, 2025. Firm’s Goodwill is Rs. 90,000. What is the share of each of the sacrificing partner to be recieved from the gaining partner?

Options:

Rs. 11,250 each

Rs. 3,750 each

Rs. 15,000 each

Rs. 30,000 each

Correct Answer:

Rs. 3,750 each

Explanation:

The correct answer is Option (2) → 

Rs. 3,750 each