Deepak, Nakul and Rajesh are partners sharing profits in the ratio of 5:3:2. Nakul Retires. Goodwill is valued at Rs. 8,00,000. New profit sharing ratio is 1:1. The amount of goodwill to be compensated to Nakul is -

None of the above

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Rs 2000

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Rs 400

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Solution

The correct option is B
Rs 2000

Amount of goodwill to be compensated to Nakul
$= \frac{3}{10} \times 8, 00, 000 = R s 2, 40, 000$

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Deepak, Nakul and Rajesh are partners sharing profits in the ratio of 5:3:2. Nakul Retires. Goodwill is valued at Rs. 8,00,000. New profit sharing ratio is 1:1. The amount of goodwill to be compensated to Nakul is -

The correct option is B Rs 2000 Amount of goodwill to be compensated to Nakul =310×8,00,000=Rs 2,40,000

The correct option is B
Rs 2000

Amount of goodwill to be compensated to Nakul
$= \frac{3}{10} \times 8, 00, 000 = R s 2, 40, 000$