Learner
1557 Points
Joined November 2010
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Originally posted by : Shubham kumar |
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A and B are partners Profit and Losses in ratio 3:2. C is admitted for 1/5Th share and brings Rs.10,000 As capital and necessary amount For his share of goodwill. The goodwill of entire firm is valued Rs.40,000. . . Goodwill brought by C is? plz explain. |
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C is the new partner sharing 1/5th share.
hence, Total capital of the partnership concern = 10000*5/1 = wich is equal to Rs.50000 .
and on the other side total goodwill of firm is = Rs.40000.
so, therefore,
G/W brought by C is = 50000-40000
=Rs.10000 .
Regards,
Ankit Gupta