X and Y are partners sharing profits in the ratio 2 3 They admitted Z for 1 5th share of profits for...........

X and Y are partners sharing profits in the ratio 2 : 3. They admitted Z for 1/5th share of profits, for which he paid Rs1,20,000 against capital and 760,000 as goodwill. Find the capital balances for each partner taking Z’s capital as base capital.

Rs3,00,000, Rs1,20,000 and Rs1,20,000

Rs3,00,000, Rs1,20,000 and Rs1,80,000

Rs1,92,000, Rs2,88,000 and Rs1,20,000

Rs3,00,000, Rs1,80,000 and Rs1,80,000

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