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Sun and Star were partners in a firm sharing profits in the ratio of 2 : 1. Moon was admitted as a new partner in the firm. New Profit sharing ratio was 3 : 3 : 2. Moon brought the following assets towards his share of goodwill and his capital:

Machinery ₹ 2,00,000
Furniture ₹ 1,20,000
Stock ₹ 80,000
Cash ₹ 50,000

If his capital is considered as ₹ 3,80,000 the goodwill of the firm will be

a) ₹ 70,000

b) ₹ 2,80,000

c) ₹ 4,50,000

d) ₹ 1,40,000

Anurag Pathak Changed status to publish June 1, 2023
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