Match the LIST-I with LIST-II

LIST-I		LIST-II
A.	Average Profit	I. Average profit - Normal profit
B.	Super Profit	II. Super Profit x No. of Years of Purchases
C.	Super Profit Method	III. Total Profit/ No. of Years
D.	Capitalised Value	IV. Average Profit x 100/ Normal Rate of Return

Choose the correct answer from the options given below:

Abhiram and Ragini are partners sharing profits in the ratio of 3:2. They admit Arun a new partner for 1/5th share in the future profits of the firm which he gets equally from Abhiram and Ragini. Calculate the new profit sharing ratio of Abhiram, Ragini and Arun.

When a new partner brings his share of goodwill in cash, the amount is credited to-

A new partner can be admitted:

Ajay and Bharat are partners in a firm. Their profit sharing ratio is 3:2. They admitted Chetan for 25% share of profit. Building is to be depreciated by 20% (Book Value Rs. 50,000) and the machinery would be appreciated by 10% (Book Value Rs. 40,000), an unrecorded Debtor of Rs. 1000 would be brought into the firm's books. What was Bharat's share of revaluation profit/loss :-

Which of the following is not one of the method of valuation of goodwill?

Ajay, Bijoy and Payal are partners in a firm sharing profits in the ratio of 3:2:1. Sunil is admitted into the firm for 1/4 share in profits, which he gets as 1/8 from Ajay and 1/8 from Bijoy. The total capital of the firm is agreed upon as Rs. 1,20,000 and Sunil is to bring in cash equivalent to 1/4 of this amount as his capital. The new profit sharing ratio of Ajay, Bijoy, Payal and Sunil will be: