Question

X and Y are partners sharing profits in the ratio 3:2. Z is admitted for 1/5th share in future profits, and he brings goodwill of ₹50,000 in cash. The new profit sharing ratio between X, Y, and Z will be 3:2:1. How should the goodwill be distributed among X and Y?

Q: Answer-X and Y are partners sharing profits in the ratio 3:2. Z is admitted for 1/5th share in future profi...

Sacrificing ratio old ratio 32 new ratio 321 adjusted X sacrifice 35 36 1830 1530 330. Y sacrifice 25 26 1230 1030 230. Ratio 32. So goodwill 50,000 35, 25 30,000 20,000.

A X – 30,000; Y – 20,000

B X – 20,000; Y – 30,000

C X – 25,000; Y – 25,000

D X – 15,000; Y – 35,000

E X – 10,000; Y – 40,000

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X and Y are partners sharing profits in the ratio 3:2. Z is admitted for 1/5th share in future profits, and he brings goodwill of ₹50,000 in cash. The new profit sharing ratio between X, Y, and Z will be 3:2:1. How should the goodwill be distributed among X and Y?

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