Vinay and Naman are partners sharing profits in the ratio of 4 1 Their capitals were 90 000 and 70 ...........

.Vinay and Naman are partners sharing profits in the ratio of 4 : 1. Their capitals were 90,000 and 70,000 respectively. They admitted Prateek for 1/3 share in the profits. Prateek brought 1,00,000 as his capital. Calculate the value of firm's goodwill.