Q. X and Y are partners sharing profits in the ratio 5:3. They admitted Z for 1/5th profits, for which he paid ₹60,000 against capital and ₹30,000 against goodwill. Find the capital balance for each partner taking Z’s capital as base capital.
✅ Correct Answer: (B)
₹1,50,000; ₹90,000 and ₹60,000
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Ram Sharma
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