CBSE Class 12 2023 Business Studies Question Paper Set 1- 263/5/1 with Answer Key pdf is available for download here. The exam was conducted by Central Board of Secondary Education on March 25, 2023. The question paper comprised a total of 34 questions.
| CBSE Class 12 Business Studies Question Paper 2023 PDF | CBSE Class 12 Business Studies Answer Key 2023 PDF |
|---|---|
| Download PDF | Available Soon |
(i) How does a farmer use dormancy of seed to his advantage ?
(ii) Differentiate between pea seed and castor seed.
The following information was extracted from the Statement of Profit and Loss of Chaman Ltd. for the year ended 31st March, 2025:
| Particulars | 31.3.2025 (Rs) | 31.3.2024 (Rs) |
| Revenue from operations | 40,00,000 | 32,00,000 |
| Employee Benefit Expenses | 20,00,000 | 16,00,000 |
| Other Expenses | 2,00,000 | 4,00,000 |
| Tax Rate | 50% |
Prepare a Comparative Statement of Profit and Loss.
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:
Anuj, Divij and Shilpa were partners in a firm sharing profits and losses in the ratio of 2:1:2. Their Balance Sheet as at 31st March, 2023 was as follows:
Balance Sheet of Anuj, Divij and Shilpa as at 31st March, 2023
| Liabilities | Amount (Rs) | Assets | Amount (Rs) |
|---|---|---|---|
| Capitals: | Land & Building | 8,00,000 | |
| Anuj 3,00,000 | Furniture | 2,40,000 | |
| Divij 4,00,000 | Stock | 1,20,000 | |
| Shilpa 5,00,000 | 12,00,000 | Debtors | 1,70,000 |
| Bills Payable | 60,000 | Cash | 50,000 |
| Creditors | 1,20,000 | ||
| 13,80,000 | 13,80,000 |
Anuj retired on the above date on the following terms:
(i) Anuj's share of goodwill was valued at Rs 90,000 and the same was to be treated without opening goodwill account.
(ii) Revaluation of assets and reassessment of liabilities resulted in a gain of Rs 25,000.
(iii) Amount due to Anuj was transferred to his loan account, to be paid in two equal yearly instalments plus interest @ 12% p.a. on the unpaid balance starting from 31st March, 2024.
Prepare Partners' Capital Accounts and Anuj's Loan Account till it is fully discharged.
‘Taylor called for complete mental revolution on the part of both management and workers. It means that management and workers should transform their thinking.’
The principle of Scientific Management being referred to, in the above statement is :
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