A and B are partners sharing profit and loss in the ratio of 3 : 2 . They admitted C for 1/5 share of profit. C brings Rs. 35,000 for goodwill. Their new profit ratio is 5 : 3 : 2. A and B will be credited for goodwill by _____and_____respectively :

Dr. Toran Lal Verma
  1. Rs. 21,000/- and Rs. 14,000/-
  2. Rs. 17,500/- and Rs. 10,500/
  3. Rs. 17,500/- and Rs. 17,500/-
  4. Rs. 20,000/- and Rs. 15,000/-
3. Rs. 17,500/- and Rs. 17,500/-

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