A and B are partners in a firm and share profits and losses in the ratio of 3 ∶ 2. C joins firm as a new partner and contributes ₹6,000 as a premium for goodwill in cash. Here, the premium for goodwill shall be shared by A and B on the basis of new profit sharing ratio, that is 5 ∶ 3 ∶ 2 as

The correct answer is ₹3,000 ∶ ₹3,000

Important Points Calculation of share of amount of goodwill to be distributed among sacrificing partners

Step 1 Find old ratio and new ratio given in the question- 

• Old ratio is 3:2 and new ratio is 5:3:2.
   

Step 2 Calculate sacrificing ratio - 

• Sacrificing ratio = old ratio - new ratio
• A's Sacrificing ratio = 
• B's Sacrificing ratio = 
• Sacrificing ratio of A and B is 1:1

Step 3 Calculate premium for goodwill shall be shared by A and B in their sacrificing ratio

• A's share in goodwill = 6000 = 3000
• B's share in goodwill = 6000 = 3000