(a) Manas and Mili are partners in a firm sharing profits in the ratio of 3:2. Anita is admitted as a new partner for 1/4th share in future profits. Capitals of Manas and Mili were ₹ 3,00,000 and ₹ 1,50,000 respectively. Anita brought 2,00,000 as her capital. The value of goodwill of the firm on Anita's admission.
A. ₹ 2,50,000
B. ₹ 8,00,000
C. ₹ 4,50,000
D. ₹ 1,50,000
Answer:D
(a) Manas and Mili are partners in a firm sharing profits in the ratio of 3:2. Anita is admitted as a new partner for 1/4th share in future profits. Capitals of Manas and Mili were ₹ 3,00,000 and ₹ 1,50,000 respectively. Anita brought 2,00,000 as her capital. The value of goodwill of the firm on Anita's admission.
A. ₹ 2,50,000 B. ₹ 8,00,000 C. ₹ 4,50,000 D. ₹ 1,50,000