Question

Anita and Babita are partners sharing profits and losses as 3 : 2. Chandani is admitted and the profit sharing ratio becomes 4 : 3 : 2. Goodwill is valued at ₹ 94,500. Chandani brings the required goodwill in cash. Goodwill amount that will be credited by Chandani is:

Options

• Anita ₹ 14,000 and Babita ₹ 7,000

• Anita ₹ 12,000 and Babita ₹ 9,000

• Anita ₹ 15,000

• Anita ₹ 21,000

Answer 1

Anita ₹ 15,000

Explanation:

Only Anita is the partner who is giving up her share, while both Babita and Chandani are gaining, thus they must show Anita the same amount of kindness.