Lakshmi Mogili
Lakshmi Mogili
6 years ago

A , B and C were partners in a firm sharing profit and losses in the ratio of 2:2:1 respectively with the capital balance of RS.50,000 for A , RS.70,000 for B and RS.35,000 for C. B declared to retire from the firm and balance in reserve on the date of retirement was RS.25,000. If Goodwill of the firm was valued as RS.30,000 and the profit on revaluation was RS.7,500 what amount will be payable to B

A. 70820

B. 76000

C. 75000

D. 95000


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  1. Lakshmi Mogili
    Lakshmi Mogili :
    6 years ago

    Answer please

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