Aditya and Shiv were partners in a firm with capitals of ₹3,00,000 and ₹2,00,000, respectively. Naina was admitted as a new partner 1/4th share in the profits of the firm. Naina brought ₹1,20,000 for her share of goodwill premium and ₹2,40,000 for her capital. The amount of goodwill premium credited to Aditya will be
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ANSWER : Good will be share as their capital ratio
Aditya Shiv
300000 : 200000
3 : 2
3: 2 is the capital ratio,
Naina goodwill is 120000
So, 120000 x 3/5 = 72000
Therefore goodwill premium credited to Aditya will be 72000
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