CBSE 2026 · Region 5 · Set 3 · Q16

Shaurya, Morya and Gaurav were partners in a firm sharing profits and losses in the ratio of $\displaystyle 3$ : $\displaystyle 2$ : 1. On 31st March, $\displaystyle 2025$, Shaurya retired. The balance in his capital account after making the necessary adjustments on account of reserves and revaluation of assets and reassessment of liabilities was $\displaystyle 3,20$,000. Shaurya was paid $\displaystyle 3,90,000$ in full settlement of his claim. The value of goodwill of the firm on the date of Shaurya's retirement was :