P and S are partners sharing profits in the ratio of 3 : 2. R is admitted with 1/5th share and he brings in ₹84,000 as his share of goodwill which is Credited to the Capital Accounts of P and S respectively with ₹63,000 and ₹21,000. What will be the sacrificing ratio?
Answer & explanation
Correct answer: option 1
The correct answer is option 1- 3:1.
They sacrificed in ratio of 63,000 : 21,000
or 3:1