CBSE Class 12 Lepcha Question Paper 2016 with Answer Key Set 4 is available for download. The exam was conducted by the Central Board of Secondary Education on March 11, 2016 in the Morning Session 10:30 AM to 1:30 PM. The medium of paper was Lepcha. The question paper comprised a total of questions.
| CBSE Class 12 Lepcha Question Paper 2016 PDF | CBSE Class 12 Lepcha Answer Key 2016 PDF |
|---|---|
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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.
You are Dr. Ria Sen, a renowned environmentalist. You have received an invitation to speak at an inter-school conclave on ‘Climate change – the Role of Youth’. Draft a reply consenting to attend the event.
(Write in about 50 words.)
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