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If goodwill is Rs. 1,10,000 and Sam has 1/5 share, his share of goodwill is?
ARs. 22,000
BRs. 33,000
CRs. 55,000
DRs. 11,000
Answer & Solution
Correct answer: A. Rs. 22,000
One fifth of 1,10,000 is 22,000.
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