A, B & C are partners sharing profits and losses in the ratio of 4:3:2. B decides to retire and the goodwill of the firm is valued at ₹72000 on the retirement. The remaining partners decide to share the future profits and losses in ratio of 5:3.

Calculate B's share of goodwill?

₹36000 ₹35000 ₹40000 ₹24000

₹24000

Old ratio is 4:3:2 B share is 3/9 Total G/W is 72000 B' share of goodwill is 72000*3/9= 24000