P and R were partners in a firm sharing profits in the ratio of 2:1. They admitted K as a new
partner for 1/4
Share of profit. He brought Rs- 5,20,000 for his share of capital and goodwill. The value of
goodwill on that
Date was Rs- 4,80,000. K's capital was :
(a) 40,000 (b) 80,000 (c) 6,00,000 •(d) 4,00,000
Answers
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7
Answer:
400000
Explanation:
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