CUET Accountancy - Arrange Steps For Capitalisation of Super Profits: (A) Calculate average profit for the past years, as specified. (B) Calculate the capital of the firm. (C) Calculate normal profits on capital employed. (D) Multiply the super profits with the required rate of return multiplier (E) Calculate super profits by deducting normal profits from average profits. Choose the correct answer from the options given below: | PYQs + Solutions

CUET Accountancy 2025 14 May Shift 2

Partnership

Medium

(A), (E), (B), (C), (D)

(A), (C), (B),(E), (D)

(B), (E), (A), (D), (C)

(B), (C), (A), (E), (D)

✅ Correct Option: 4

Related questions:

30 May Shift 2

On the admission of a new partner, an increase in the value of assets is debited to:

22 May Shift 1

Which of the following factors affects the value of goodwill?

(A) Location of Business

(B) Partners Performance

(D) Market Situation

Choose the correct answer from the options given below:

26 May Shift 2

Sameer and Yasmin are partners with capitals of Rs 15,00,000 and Rs 10,00,000 respectively. They agreed to share profits in the ratio of 3:2. The books are closed on March 31, every year. They admit Ravi on October 1, 2019 in the partnership, who bring Rs 12,00,000 as capital and Sameer also introduced additional capital Rs 3,00,000 on that date. Interest on partner's capital is provided @5% p.a. The amount of interest on the capital of Sameer for the year 2019-20 is-

CUET Accountancy 2025 14 May Shift 2 PYQs

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