Ram and Shyam are partners in a firm with capital of Rs. 4,80,000 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. 1,00,000
B. Rs. 27,500
C. Rs. 17,500
D. Rs. 70,000
Answer: Option B
This Question Belongs to Commerce >> Accounting
Total capital 1090000
1/4 of total capital is 272500.
So 300000_272500=27500
please give me solution sir....
310000+480000=790000/4=197500=soo good will=300000-197500
Please answer