A, B & C are partners sharing profits and losses in the ratio of 3:2:1. B decides to retire and the goodwill of the firm is valued at ₹60000 on the retirement. The remaining partners decide to share the future profits and losses equally.
What will be the share of goodwill of B?
Answer & explanation
Correct answer: option 2
Old ratio 3:2:1
New ratio after B retirement 1:1
C gain= 1/2-1/6= 2/6= 1/3
A gain= 1/2-3/6=0 means A will not get any gain
So, B's share of goodwill is 60000*1/3= ₹20000