.Jih ·. .

·:--,·'=Introduction to partnership
, Chapter ~ ·.-~IR,;3 ·

'

~l
(c) (a)~ (b) (d) C<(fSIC~I~ offi

(a)< 18,000

5. '51,~'ift~~~'89Rl~~- ~ (d) ~~
. (a)~ (b) '5lW (c)
6 $ ~ <30,000, ~-~ ~ f\hroc~ >j__rl1Dl~ ~ . <_36,000 ~ ~tM<(fl_~ -
'. (a). <.48,000 (b) "''- 18,ooo (c) <12,000 (d) <6,000
7. ~ ~ ~~~ ~ . '51,~'ift~ ~~ ~lef ~ ~ ~t~l~Ht~ ~?
(a)~~ (b) ~~~ (c) ~C'81'1.:\~ (d) C<IS'"""'--R:.:i-t~f'T,rn
s. '@clijta,.:i ~>itt:q~ r.~ ~-
(a)~ (b) ~ (c) ~ , (d) ~tc.:it~ -m
9. ~~.-it{lc.:i~ ~ 10%, ~ ~ <1,00,000 '8 ~~ RPlcm'1f <8,00,000 ~ ~ -
(a) z 8,00,000 (b) <10,00,000 (c) <18,00,000 (d) <2,00,000
10. 1gt~@\{l ~,~ ~ Gl'ijjff31 '51,~'ift~ ~ ~ ' f -

(a) ~ . (b) ~ (c) ~ (d) C<!Stc.:\1~ offi

11. ~,~"Tl~C'BI ~ ~~~ ~>itc:q·~ r.~ ~ -

(a)~ (b) ~ (c) ~ (d) C<ISIT;.:\t~ -ffi

12. ~~"tl~C"t~ ~ ~ ~ ~<!$-
(a)~~ (b) ~~ (c) ~,ffi~ (d) ~R.--11~ offi
·13. i5f,~ ~M01C~~ r.r-r~
(a)~~ · (b) ~~1~iiJ<f) (c) ~~ · (d) ~R:--i1tn. offi
14. ~~~f.ffere~(~C'6ta,.:i~. ~ ~ ~ ~ ~ ~ ~ ?
(a) 6 ~ ~ (c) 6} ~
(b) 5}
· (d) 12 '$r
15. <Wt C<fS1Ce{f ~,~ ~ 10% ~ ~ ~ ~ ~ <1000 ~Cl$f'4.:\ ~ . ~ ~ '51~ m--
. (a) n200 (b) <100 (c) <550 (d) <650
-~~~~: ~I
1. '81~'5!~ '51,~ ~ ~ ~ ~ ~? 2. '51,"ift"tt~c11~ ~ ~ ~ ~9f ~?
3. ~~ ~ '5foi~ '51,~ ~ c~ 9l1Bl?
4. ~,~ ~ '5T'i~ ~\~ ~"Rf '89Rf ~ ~ ~ 9ltt<l? '
5. ~~? 6. '51,~~~~?
7. '51K5~~ffi?
 s. ~~ ~ '5l -i~ ~~ ~~ '89Rf ~ ~ c~ 9irof?
9, ~0~1
\ ~=
-R,._...,._
'Q(.lf~ l"'<l'il ._· .~•,
~?
• 10. ~ a-J1'6>ipN> ~ ~ ~ ~ ~?
11· '11\S>JfiN) ~ ~ ~ ~ ? 12. ~~ ~ ~ ?
l3, ~ifi-t1ffi~ <.! !~~ ~I 14. ~~ ~ ~ <rr.a,?
15- 9frn<l\:5--!ifla, ~~~~~?
• f.r.@I~ ~~ffet'!l -~ lfl'6: . ~4
l, ~~ ~N)3ll--1~ ~~~ 'i)_ ~ ~ I
z. ~~ ~~~ ~ d ~~~I
. ~~~1l<l~i£f~~~~~I
3
4. ~ ~ R>itC<l?I ~~(ft~~~?
5. ~ ~ : ~~ '8 ~ < f ~ I
6. ~ -~ : ~ ~~ ~ '8 9iffi<t-£.:i-lM ~~~I
7• ~ l]_'1JHlei1?1 ~~tiSro:ft~\!ll'l_ffef ~ ~?
s. ~ l]_'4JBIC"'1 ~ M-&l?I~~ "M<rn~ ~ l'f1\S I
9, ~ ~ ~ ~ - - ! I O I ? ! ~ R'ffi ~= (a) Super
profit metho d, (b) Capitalisation metho d. -:~
A firm earn profits durin g the last 5 years in.the following manne
r. 1st year= Z70,000, 2nd year< 1,00,000, 3rd
year=< 1,05,000, 4th year= (< 30,000), 5th year= < 65,000. Capita
l employed< 5,00,000 and average capitalisation
rate-is 10%. Firm valued goodwill as 3 years purchases of super
profits over last 5 years average profit.
10. ~ '!l'</J~ ~ 31/3/2 022 ~ -cxt<T ~'8m ~ ~ lflffi Profit and Loss Appropriation Accou
.<ron, nt

. (a) X, Y and Z shares profits and loss in 5: 4: 3.

(b) Their capitals were X = < 1,00,000, Y = < 2,00,000, Z = <
1,00,000
(c) Interest on Capit al@ 10% p.a.
(d) Ii;tterest on drawi ngs @ 12% p.a.
(e) X gets a salary @ < 2000 p.m. and Y gets a comm ission on
sale @ 1% (sales = < 10,00,000)
(f) Z forwarded a loan to firm of< 1,00,000 for 10 month s.
(g) X drew< 1000, Y drew < 2000 and Z drew < 1500 durin g
the begin ning, middl e and end of every month .
(h) Net profit durin g the year is< 1,50,000.
11. A, B '6 c lflffi ~iDRPr~lf-{ \§f, ~ 1311_312022 ~ ~
~m ~ ~toRPlilt<fH 1,20,000 , Pi:-tM~~ ~~
~ ~<!$ Profit and Loss Appro priati on Acco unt • ~I
(a) Transfer 10% of divisible profit to reserve fund.
(b) B get a comm ission @ 10% on net profit after charg ing
such comm ission.
(c) A withd raw< 10,000 on 1/7/2 021@ intere st 12% p.a.
(d) C provide a loan of< 50,Q00 on 1/ 10/21.
-1,· ·· ,.-,.:~v Reconstruction to partnershi
· , c~t e!:2 ~ [Admission of Partner & Retirpement of Partner]
· ~ ~ A.(ib-1 ~ :
~l
1. 9fi{6\Jl~il ~ ~ \§f,~'JfC'Bf ~~ ~ ~ ~ '51-i~?
(a) ~ Qifl-6-ll>N> ~ ~9f1'5 (b) ~5'1r-i~
(c) ~ '°'1~-ll>N> <i~ ~9f1' 5 - (d) -~~ , . .
2. A, B '6 C ~ ~~ I A ~~ '1 ~ '8 ,r--itc~<!t ~ ~ < l ;00,00
0 c~ B-~~ ~ ~ ~~m
-- ~, (c) < 2,00,000 .
(a) ~ 50,000 (b) <33,333 (d) < 1,00,000

t .-.
 3. A B '6 C-1!1~ a'll~ ~~ ~9fK3 5: 4 : 3 I B ~ ~Cl ~ '~ <llfD1~ 'JfffC-RI ~ I f.~9R, "tiq ~ l ,2fJ,(}{~ ~l f
' '~
~tr.{~~~~- '

(:) ~ 1,20,000 (b) ~ 50,000 (c) ~ 40,000

3
(d ) ? o,ooo

~ ~~"TICM ~ )j_~IC1l~ ~ ~ '51, ift"TH1Cl-f~ il7:l:fJ (.<fiR ~ j f~

9
4. <n'1,\3 ~ ? _
(a) ~'>tr-i.9ft\5 (b) ~ i5f.19"\3 (c) atro ~~;, ~ -9f~ (d) csJ-;tf•]?f~
s. "51,. ~'Bl~ 9jf~ ~ C8'R1 C<fllQITTI ~~ ~?
( a ) ~ 151,~"Tl~C"T~ ~tA ~lt<1 (b) ~ ~~~ .ptl:f.i f!(1j17.<1
~
(c) '1_-i~'11Hl;i (d) ~~ .rn
A, B C-\!l~ ~~ ~ '5fi~ 3: 4: 1 I B ~ ~ Rl' ~ ~f5 <ic1,;i !5l-J?fl" m -
9
6.
(a) 3:4 (b) 4:1 (c) 3: _1 · (d) I: I

7. ~ "51,~"TIC'll'II ~ 911'8~ ,e9Rf ~ C<f>R ~ ~ 01-em ~?

(a)~ 13A (b) ~ 4 (c) ~ 2 (d) ~BTI 37

8. ~ ~~ ~ ~ ~ r i '89Rf ~ ~ ~ Cllcar?_
. ( a ) ~ 10% (b) ~ 6% (c) ~m<fi CW (d) ~ -ro
9. A, B '8 C-IQ~ ¢tlS>Jfi~ ffi ~~ 5: 3: 2 I ~ 9.t~l{'1M•l lJ_;il<JSH'I ~Cl Z I5,000 ~ . A-~ ~,~ ~ B
0
'8 C-IQ~ ~,-cxrn-
(a) ~ ~ 1'f
(b) ~~ (d) ~~ -rn (c)
JO. ~~~ ~~"TIC~~ ~ ~--t ~ "51,.'if'f ~ '5fi~ ~'1 ~ ~ ~
(a) ~'>tr-i~ (b) ~ ~9ff5 (c) ~~?fl'3 (d) ~ 151-;l~
. _....._._ I
ffi ~~ 1 : 2 I ~ "51,.
1I. A, B-\Q~ '11<.S>JfiN, C, 4 "51,--t 9ftr.<f <ft <Jf A '8 B-\!1$1 ~ I:I ~ ~1
I Q ~ ~ '11<.SIJl>N, ffl ~~ ~
(a)S:13:6 . (b) 1:1:1 (c) 1:2:1 (d) C<Pl<•.il~.rn

12. A, B '6 C-\Q~ gJ115'31>~ ~ '5fi~ l: 2: 3 ~ ~ffi<1KW> ~ 3 : 2: 1~'8 ~ ~,.fi"Tlc:sBI "51,--t ~ ~n~m
(a) A (b) B (c) C (d) )!<Peal~ ~~~
!lt91J ~ ~ <Uffl ~ ~Ml~ffi~ ~ ~?
13. ~ "51,~"TIC~~
(a) ~ . (b) ~ Yi'lll~-fi.tl~I (c) M'!'.~C\!,U~ (d) <Wtf.l4i~<P
14. ~ ~~ ~ i5j.j_~ ~ 151,~'Tl~C<P ~ ~--t ~om?
(a)~ (b) ~~~ · (c) ~~ (d) ~ ffl·~~

15. ~ ~ ~ ' t ~ ~ ~~~ "51,~"TIC~'II ~ "51,--t ~'f '<PBf ~ ?

(a)~~ (b) ~~~ · (c) ~~ (d .) ~ffl~~

16. A '8. B, 3: I ~~ '11<.S'il'R; ffi ~ I ~ "51,~ C-~~ ~--t ~ I \!I~ A -e B-~ ~'ilf'l.~ m- ¼
. (a)l:3,-wt=n"2 '2 (b)3:l (c)l:l . (d)6:l
17. ~ '51,~C~HI ~ ~ ~ '8 lftcmf '1_.i{'11Hl.iiSif.l\!l -~ ~ '51,~"TIC'II~ ~~ ~ ~?
(a)~~~ 1 (b) ~~~ (c) ~"51,~ (d) ffll"51~~~ '1
18. ~ ~~ K~ 5 ~~ ~ <20,000 ~~ ~ . K-~ ~ N,Ml\5 ~ <J®' ~~

19.
(a) ~ 1,00,000
/
(b) ( 80,000
X'€ Y - ~ ~ ~ 2 : 1 _~'51m4:3 ~~~1~~~ ~'ifi"T1C ~BI~~?
. . (c) <1,20,000 -
. (d) C<PIC.it~ .rn

(a) X (b) Y (c) ~ (d) Cffl-.rn

20. ~~ ~ ~ 151l'l<ilC<BI ~ <2,000 ~ ~ ~ (.'5f<ii, ~?
(a) '1~{'11Bl-i . (b! 151IJ:Ml<l (c) "51~~ ~~ (d) C<Plt-il~ .rn
21. A, B '8 C-~ i7f1':,1Jfi~ ffi ~ 3:2: I IA ~~'t ~ '€ ~ lJ_;ilCll~ ~ ~ z 1,20,00o 1~
C-® ~~ ~ ~ ~ ~ "51~ -mn?
(a) t 60,000 . (b) <40,000 (c) Z 20,000 (d) Z 1,20,000