CUET Accountancy - Under which method No. of Year's Purchase are not considered | PYQs + Solutions

CUET Accountancy 2025 16 May Shift 1

Partnership

Easy

Simple Average Method

Weighted Average Method

Super Profit method

Capitalization Method

✅ Correct Option: 4

Related questions:

3 June Shift 2

Das and Sinha are partners in a firm sharing profits in 4:1 ratio. They admitted Pal as a new partner for 1/4 share in the profits, which he acquired wholly from Das. Determine the new profit sharing ratio among Das, Sinha and Pal.

14 May Shift 2

A and B are partners in a firm sharing profits in the ratio 2:1. C is admitted into the firm with 1/4th share in profits and he brings Rs. 30,000 as his capital. If the capitals of A and B are to be adjusted in their profit sharing ratio then the capital of A will be-

15 May Shift 1

The steps involved in calculation of Goodwill under Super Profit method are:

(A) Calculate the super profits by deducting normal profit from the average profits.

(B) Calculate the normal profit on the firm's capital on the basis of the normal rate of return.

(D) Calculate goodwill by multiplying the super profits by the given number of years' purchase.

Choose the correct sequence of steps from the options given below:

CUET Accountancy 2025 16 May Shift 1 PYQs

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