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P, Q and R are partners in a firm sharing profits in the ratio 5:3:2. P retires. Calculate the amount of Goodwill given by Q and R to P if goodwill is to be calculated on the basic of 2 years purchase of last 3 years average profit, profits for the last 3 years are ₹3,28,000, ₹3,46,000 and ₹4,00,000.Select one:a. ₹3,16,000 and ₹1,42,000 b. ₹2,44,000 and ₹2,16,000 c. ₹2,14,800 and ₹ 1,43,200d. ₹ 2,16,000 and ₹ 1,44,000 |
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