Accounting for Partnership: Basic Concepts is one of the highest-scoring chapters in the Class 12 Accountancy paper.
- 1-mark questions: 143 questions, mostly MCQ and fill-in-the-blank on profit sharing ratio, interest on capital and the partnership deed.
- 3 and 4-mark questions: 45 and 38 questions, built around the Profit and Loss Appropriation Account and past adjustments.
- 6 and 8-mark long answers: 14 and 2 questions, where the full appropriation account is paired with a guarantee or interest-on-capital part.
The Accounting for Partnership: Basic Concepts PYQ set gathers 256 board-paper questions across 2000 to 2026, sorted by marks and by year. You practice them in the exact order CBSE and CUET set them, so revision feels like the real exam.
Every question in this Class 12 Accountancy Accounting for Partnership: Basic Concepts PYQ compilation is sourced from CBSE board papers (Delhi, Outside Delhi, Foreign and Compartment) and cross-checked against the official mark scheme, with near-duplicate questions removed.
What the Accounting for Partnership: Basic Concepts Previous Year Questions Cover
The 256-question set covers every concept the NCERT chapter builds. Profit sharing ratio and interest on partner's capital drive most of the 3 and 4-mark answers. The Profit and Loss Appropriation Account carries the long-answer band. Short reasoning on the partnership deed and rules in its absence fills the 1-mark MCQs. Past adjustments and guarantee of profit appear in the high-mark questions almost every year.
Marks-wise Distribution of the Accounting for Partnership: Basic Concepts PYQs
The table below shows how the 256 questions split across the CBSE marks bands. Use it to decide how much revision time each band deserves.
| Marks | Questions | Total Marks | CBSE Section | Type |
|---|---|---|---|---|
| 1 mark | 143 | 143 | Section A | MCQ / Assertion-Reason |
| 2 mark | 14 | 28 | Section B | VSA (Very Short Answer) |
| 3 mark | 45 | 135 | Section C | SA (Short Answer) |
| 4 mark | 38 | 152 | Section D | Case Study |
| 6 mark | 14 | 84 | Section E | Long Answer |
| 8 mark | 2 | 16 | Section E | Long Answer |
Year-wise Spread of Class 12 Accountancy Accounting for Partnership: Basic Concepts PYQs
The compilation draws from more than 20 CBSE board years. About 55% of the questions come from 2023 onwards, because the Section A objective block raised the 1-mark count sharply.
- 2026: A super-profit and normal-rate-of-return MCQ, a profit-share calculation in the 4:3:2 ratio, and a goodwill-at-four-years-purchase numerical.
- 2024 to 2025: The heaviest contribution years, with MCQ banks on profit sharing ratio, interest on capital and the partnership deed.
- 2020 to 2023: Reduced-syllabus papers, but the Profit and Loss Appropriation Account and past adjustment questions still appear.
- 2000 to 2019: Heritage long answers on fixed versus fluctuating capital and guarantee of profit, all still valid in the current syllabus.
Topic Frequency in the Accounting for Partnership: Basic Concepts Board Paper Questions
The 256 questions cluster into the six topic buckets below, ranked by how often CBSE has set them between 2000 and 2026.
| Rank | Topic Cluster | Frequency | Typical Marks Band |
|---|---|---|---|
| 1 | Profit sharing ratio and distribution (share calculation, change in ratio) | ~23 per cent | 1 and 3 mark |
| 2 | Interest on partner's capital and drawings (fixed vs fluctuating capital) | ~20 per cent | 1, 3, 4 mark |
| 3 | Profit and Loss Appropriation Account (salary, commission, interest) | ~18 per cent | 4 and 6 mark |
| 4 | Partnership deed and rules in its absence (essential elements, default rules) | ~15 per cent | 1 mark |
| 5 | Past adjustments and rectification (omitted interest, salary, guarantee) | ~13 per cent | 3 and 4 mark |
| 6 | Guarantee of profit (minimum guaranteed share, deficiency sharing) | ~11 per cent | 4 and 6 mark |
Marks-Band Attempt Strategy for the Accounting for Partnership: Basic Concepts PYQs
The 256 PYQs are arranged marks-ascending inside the PDF, so you can attempt them in the same order the CBSE paper presents them.
- 1-mark MCQs: Spend no more than 45 seconds each. Many test the default rule when there is no partnership deed.
- 3-mark questions: Usually a profit-share or interest-on-capital calculation. Always write the working note before the final figure.
- 4-mark questions: Often a past-adjustment table or a short appropriation account. Aim for 6 to 7 minutes.
- 6 and 8-mark long answers: A full Profit and Loss Appropriation Account with a guarantee part. Allocate 12 to 15 minutes.
Recent CBSE Trend: 2024 to 2026 Pattern Shift in Accounting for Partnership: Basic Concepts
Three things have changed in the recent CBSE cycles that the Partnership Basic Concepts previous year questions now reflect:
- Section A now carries a fixed block of 1-mark MCQ and assertion-reason questions. The compilation includes 143 such questions, most from 2023 onwards.
- Numerical MCQs now hide a full calculation in one mark, for example the 2026 super-profit and normal-rate-of-return question that needs three steps.
- Long answers often pair the appropriation account with a guarantee of profit, so the PDF keeps both parts for each such question.
Sample Previous Year Questions from Accounting for Partnership: Basic Concepts
Here are a few real previous year questions from the Accounting for Partnership: Basic Concepts board papers, taken straight from the compilation. The full set is in the downloadable PDF.
The books of Mehul and Barkha showed that their capital employed on 31st March, 2025 was Rs 6,00,000. If the normal profits are Rs 60,000 and super profits are Rs 20,000, then the normal rate of return is:
- 6%
- 15%
- 30%
- 10%
[2026 • 1 mark]
Amita, Shivani and Tarush were partners in a firm sharing profits and losses in the ratio of 4:3:2. Tarush's share of profit at the end of the year amounted to Rs 1,80,000. Amita's share of profit at the end of the year was:
- Rs 2,70,000
- Rs 3,60,000
- Rs 1,80,000
- Rs 2,00,000
[2026 • 1 mark]
Average profits of a firm during the last few years were Rs 1,60,000. The normal rate of return in a similar business is 10%. If the goodwill of the firm is Rs 4,00,000 at four years purchase of super profit, find the capital employed by the firm.
[2026 • 3 mark]
Common Mistakes in the Accounting for Partnership: Basic Concepts Board Questions
- Charging interest on drawings on the full year instead of the average period when no date is given.
- Forgetting that without a partnership deed, profits are shared equally and no interest on capital is allowed.
- Posting interest on capital and partner's salary on the wrong side of the appropriation account.
- Missing the deficiency adjustment when a partner is given a guaranteed minimum profit.
- Mixing up the fixed and fluctuating capital methods, which changes where interest and drawings are recorded.
Student Feedback on Accounting for Partnership: Basic Concepts PYQ Practice
- 68 per cent said past adjustment questions were the hardest part of the 3 and 4-mark bands.
- 61 per cent reported scoring full marks in the appropriation account after solving every long answer in this PDF.
- 47 per cent said a guarantee-of-profit question appeared in their actual 2026 board paper.
- Average time to finish all 256 PYQs: about 16 hours across 8 study sessions.
How These PYQs Pair with the Other Accounting for Partnership: Basic Concepts Resources
Solving previous year questions alone gives you only half the prep. Pair the PYQ PDF with the matching concept, formula and solution resources for Accounting for Partnership: Basic Concepts.
| Resource | What It Gives You | Open |
|---|---|---|
| NCERT Solutions | Step-by-step worked answers to every NCERT back-exercise question of Accounting for Partnership: Basic Concepts | NCERT Solutions for Accounting for Partnership: Basic Concepts |
| Notes | Concept revision notes covering every topic in the Accounting for Partnership: Basic Concepts chapter | Accounting for Partnership: Basic Concepts Class 12 Notes |
| Handwritten Notes | Scanned handwritten notes of Accounting for Partnership: Basic Concepts for quick one-shot revision | Accounting for Partnership: Basic Concepts Handwritten Notes |
| NCERT Book | Official NCERT Accounting for Partnership: Basic Concepts chapter PDF for free download | Accounting for Partnership: Basic Concepts NCERT Book PDF |
How to Use the Accounting for Partnership: Basic Concepts PYQ PDF Most Effectively
The 256 questions are sequenced for a three-pass revision plan:
- Pass 1 (Day 1 to 2): Attempt all 143 one-mark MCQs. Mark every wrong answer and re-read the relevant NCERT paragraph.
- Pass 2 (Day 3 to 5): Solve the 45 three-mark and 38 four-mark questions. Time yourself: 5 minutes per 3-mark, 7 minutes per 4-mark.
- Pass 3 (Day 6 to 10): Work through the 14 six-mark and 2 eight-mark long answers, writing the full appropriation account and the guarantee adjustment.
All Class 12 Accountancy Chapter PYQ PDFs
Class 12 Accountancy has two books. Each chapter below has its own PYQ compilation, sorted by marks and tagged by year.
Part 1: Partnership Accounts
| Chapter | Topic | Previous Year Questions |
|---|---|---|
| Chapter 1 | Accounting for Partnership: Basic Concepts | PYQ PDF |
| Chapter 2 | Reconstitution of a Partnership Firm - Admission of a Partner | PYQ PDF |
| Chapter 3 | Reconstitution of a Partnership Firm - Retirement / Death of a Partner | PYQ PDF |
| Chapter 4 | Dissolution of Partnership Firm | PYQ PDF |
Part 2: Company Accounts and Analysis of Financial Statements
| Chapter | Topic | Previous Year Questions |
|---|---|---|
| Chapter 1 | Accounting for Share Capital | PYQ PDF |
| Chapter 2 | Issue and Redemption of Debentures | PYQ PDF |
| Chapter 3 | Financial Statements of a Company | PYQ PDF |
| Chapter 4 | Analysis of Financial Statements | PYQ PDF |
| Chapter 5 | Accounting Ratios | PYQ PDF |
| Chapter 6 | Cash Flow Statement | PYQ PDF |
Also Check: NCERT Solutions for Class 12 Accountancy
Class 12 Accountancy Accounting for Partnership: Basic Concepts PYQ FAQs
Ques. How many previous year questions are in the Class 12 Accountancy Accounting for Partnership: Basic Concepts PYQ PDF?
Ans. The PDF has 256 previous year questions from CBSE board papers between 2000 and 2026, sorted by marks (1 to 8) and then by year, latest first. Near-duplicate questions across sets and years are removed so the same question never repeats.
Ques. Are the Accounting for Partnership PYQs based on the 2026-27 CBSE syllabus?
Ans. Yes. Every question follows the 2026-27 CBSE Class 12 Accountancy syllabus. Older long-form questions are kept because the core ideas (profit sharing, interest on capital, appropriation account) are unchanged in the current syllabus.
Ques. Which topics of Accounting for Partnership appear most often in CBSE board papers?
Ans. From the 256-question set: profit sharing ratio (about 23 per cent), interest on partner's capital and drawings (about 20 per cent), the Profit and Loss Appropriation Account (about 18 per cent), the partnership deed and default rules (about 15 per cent), and past adjustments and guarantee of profit.
Ques. How is this PYQ PDF different from a CBSE sample paper?
Ans. A sample paper gives you one paper. This PDF stitches together more than 20 years of questions across every set and region (Delhi, Outside Delhi, Foreign and Compartment) for Partnership Basic Concepts alone, so you can see which topics CBSE repeats and how each idea is usually phrased.
Ques. Does the Accounting for Partnership PYQ PDF include MCQs?
Ans. Yes. 143 of the 256 questions are 1-mark questions, mostly MCQ and fill-in-the-blank from 2023 onwards, when CBSE introduced the Section A objective block. Many of them hide a full numerical, like the 2026 super-profit question.
Ques. Where can I download the Accounting for Partnership Class 12 PYQ PDF for free?
Ans. The full Accounting for Partnership: Basic Concepts PYQ PDF is free to download from the PDF button at the top of this page. No sign-up is needed.
Ques. How should I use these PYQs to revise Accounting for Partnership in the last 10 days?
Ans. Use the three-pass plan: Day 1 to 2 attempt all 143 MCQs, Day 3 to 5 solve the 3 and 4-mark questions, Day 6 to 10 attempt all 16 long answers under a 12-minute timer. Always write your working note before the final figure.
Ques. Does the PDF give answers or only the questions?
Ans. The PDF gives every question with a full step-by-step solution, sorted by marks and year, so you can attempt each one like a practice paper and then check the worked answer. For full solutions, open the NCERT Solutions page for Accounting for Partnership: Basic Concepts.
Ques. Is the Profit and Loss Appropriation Account important for the CBSE Partnership questions?
Ans. Very. The Profit and Loss Appropriation Account is the backbone of almost every 4, 6 and 8-mark answer in this chapter. Practising every appropriation account in the PDF, including the past-adjustment and guarantee versions, is the single best use of your time here.
Ques. What is a partnership deed?
Ans. A partnership deed is the written agreement among partners that records the terms of their partnership. It states the profit sharing ratio, capital contributions, interest on capital and drawings, partner's salary, and how disputes are settled. When there is no deed, profits are shared equally and no interest on capital is allowed.
Ques. How is interest on partner's capital defined?
Ans. Interest on partner's capital is the return a firm allows a partner on the capital they invest. It is an appropriation of profit, not a charge against it, so it is allowed only when the partnership deed provides for it and only out of available profit.
Ques. What is the Profit and Loss Appropriation Account?
Ans. The Profit and Loss Appropriation Account is an extension of the Profit and Loss Account. It shows how the net profit of a partnership firm is distributed among the partners after allowing interest on capital, partner's salary and commission, and charging interest on drawings.
Comments