Based on following, answer the question.
Amrita and Kalyani are partners sharing profits in the ratio of 3:2. They decided to expand the business by admitting Suraj as new partner for 1/4th share. Suraj's share of goodwill is valued at ₹90,000 for which he compensated Amrita and Kalyani in the ratio of 1:4. Following information is also provided:
| Particulars | Book value (₹) | Revalued figure (₹) |
| Machinery | 25,00,000 | 27,00,000 |
| Land | 10,00,000 | 50,00,000 |
| Computers | 2,50,000 | 50,000 |
Workmen Compensation Fund ₹5,00,000. Claim against workmen compensation is ₹2,00,000 and goodwill appeared in the books at ₹60,000.
Goodwill brought by Suraj will be distributed as:
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → ₹18,000; ₹72,000
The premium for goodwill brought in by the new partner is shared by the old partners in their sacrificing ratio. Here the sacrifice is given directly: Suraj compensated Amrita and Kalyani in the ratio 1 : 4.
Suraj’s share of goodwill = ₹90,000
Amrita = ₹90,000 × 1/5 = ₹18,000
Kalyani = ₹90,000 × 4/5 = ₹72,000
Dividing ₹90,000 in the old ratio 3 : 2 would give ₹54,000 and ₹36,000, but goodwill follows the sacrifice, not the old ratio.
NCERT (2026-27 edition): |