Ram and Shyam are sharing profits in the ratio 3 : 2. They admit Mohan in the partnership and their new profit sharing ratio becomes 2 : 2 : 1. If Mohan brings `1,000 as goodwill then Shyam will get.
A. Rs. 400
B. Rs. 500
C. None of the above
D. Rs. 1,000
Answer: Option C
This Question Belongs to Commerce >> Accounting
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