12th Class
Accountancy
Admission of a Partner
Question Bank
MCQs - Reconstitution Of a Partnership Firm : Admission of a Partner
question_answer
A and B are partners sharing profits in the ratio of 5:4. A surrender 1/5th from his share and B surrender 1/4 of his share in favour of Rishi. Goodwill of the firm is 45,000. Rishi's Share of goodwill is: