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Commerce · Q2275

Accounting

Graduate and Post Graduate · Commerce · question 2275

Q2275

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
Answer
D.
Rs. 1,000

Answer: Option C

Solution

Answer: Option C
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