Question

The capital balances of Ram and Murali amounted to Rs. 1,50,000 and

Rs. 2,00,000 respectively, they admitted Lakshman for 1/5th share who

brought in Rs. 1,20,000 as his capital. What will be his share of goodwill?

a) Rs. 24,000

b) Rs. 26,000

c) Rs. 30,000

d) Cannot be calculated, data insufficient​

Answer 1

Answer:

brought in Rs. 1,20,000 as his capital. What will be his share of goodwill? a) Rs. 24,000 b) Rs. 26,000 c) Rs. 30,000