Ram and Shyam are partners in a firm with capital of Rs. 4,50,000 and Rs. 3,10,000 respectively. They admitted Ganesh as a partner with $${\frac{1}{4}^{{\text{th}}}}$$ share of profit. Ganesh brings Rs. 3,00,000 as his capital. Ganesh's share of goodwill will be
A. Rs. 1,10,000
B. Rs. 27,000
C. Rs. 17,500
D. Rs. 70,000
Answer: Option B
This Question Belongs to Commerce >> Accounting
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