Question

Kalki and Kumud were partners sharing profits and losses in the ratio of 5:3. On 1st April,2021 they admitted Kaushtubh as a new partner and new ratio was decided as 3:2:1.

Goodwill of the firm was valued as ₹3,60,000. Kaushtubh couldn’t bring any amount for goodwill. Amount of goodwill share to be credited to Kalki and Kumud Account’s will be:

Options

• ₹37,500 and ₹22,500 respectively

• ₹30,000 and ₹30,000 respectively

• ₹36,000 and ₹24,000 respectively

• ₹45,000 and ₹15,000 respectively

Answer 1

₹45,000 and ₹15,000 respectively