A, B & C are partners sharing profits and losses in the ratio of 6:5:4 with capitals ₹100000, ₹80000 & ₹60000 respectively. A decides to retire and the goodwill of the firm is valued at ₹180000 on the retirement. The remaining partners decide to share the future profits and losses in the ratio of 1:4 |
As B sacrifices 2/15, how much he will get goodwill's share and from whom? |
₹36000 from A ₹24000 from C ₹24000 from A ₹36000 from C |
₹24000 from C |
Old ratio 6:5:4 |