Ram and Shyam are partners in a firm with capital of Rs.4,80,000 and Rs.3,10,000 respectively. They admitted Ganesh as a partner with (14)th share of profit. Ganesh brings Rs.3,00,000 as his capital. Ganesh’s share of goodwill will be__________.
(A) Rs.1,10,1000
(B) Rs.27,500
(C) Rs.17,500
(D) Rs.70,000
Ram and Shyam are partners in a firm with capital of Rs.4,80,000 and Rs.3,10,000 respectively. They admitted Ganesh as a partner with (14)th share of profit. Ganesh brings Rs.3,00,000 as his capital. Ganesh’s share of goodwill will be__________.
(A) Rs.1,10,1000
(B) Rs.27,500
(C) Rs.17,500
(D) Rs.70,000