Question:
Hem and Nem are partners in a firm Sharing Profits in the ratio of \( 3: 2\). Their Capitals were \(₹ 80,000\) and \(₹ 50,000\) respectively. They admitted Sam for \(\frac{1}{5}\) share and he brought \(₹ 60,000 \) as his Capital. Goodwill of the firm will be:
Hem and Nem are partners in a firm Sharing Profits in the ratio of \( 3: 2\). Their Capitals were \(₹ 80,000\) and \(₹ 50,000\) respectively. They admitted Sam for \(\frac{1}{5}\) share and he brought \(₹ 60,000 \) as his Capital. Goodwill of the firm will be:
Updated On: Feb 26, 2025
- \(1,90,000 \)
- \(22,000 \)
- \(1,10,000 \)
- \(80,000 \)
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The Correct Option is C
Solution and Explanation
The correct option is (C) :\(1,10,000 \)
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