X and Y share profits and losses in the ratio of 2:1. They take Z
as a partner and the new profit sharing ratio becomes 3:2:1.Z
brings 5,000 as premium for goodwill. The full value of
goodwill be:
(a) 5,000
(b) 20,000
(c) 30,000
(d) 25,000
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4
Answer:
30000
step by step
at 1st sacrificing ratio i.e 1/6 only x is sacrifice
so premium of goodwill=5000×6/1
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