X and 7 are partners sharing profits and losses in the ratio of 3 2 They admit Z into partnership wi...........

X and 7 are partners sharing profits and losses in the ratio of 3 : 2. They admit Z into partnership with [latex]\frac{1}{5}[/latex]th share in profits which he acquires equally from A and Y. Z brings in ?40,000 as goodwill in cash. Goodwill amount will be credited to :

X Rs20,000; Y Rs20,000

X Rs25,000; Y Rs15,000

X Rs24,000; T Rs16,000

X Rs 4,000; Y Rs4,000

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