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Querist : Anonymous

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Querist : Anonymous (Querist)
09 April 2011 X & Y are two partners with capitals Rs.5,00,000 each.They admitted Z with 25% share in profit.Z brings Rs.8,00,000 as his share in capital.Total capital of firm after admission is Rs.20,00,000.What will be the hidden value of goodwill?

(A) Rs.8,00,000
(B) Rs.6,00,000
(C) Rs.3,00,000
(D) Rs.2,00,000
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CA Ganpat Singh Rajpurohit

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CA Ganpat Singh Rajpurohit (Expert)
09 April 2011 ans. C). 300000/-
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