Working Notes:
1. Gain or sacrifice of partners
`{:(,"Dinesh","Ramesh","Suresh"),("Old Share",3//8,3//8,2//8),("New Share",1//3,1//3,1//3),("Difference",1//24,1//24,2//24),(,("sacrifice"),("sacrifice"),("gain")):}`
2. Goodwill
Total Profits: Rs. `14,000+ Rs. 17,000 +Rs. 20,000 + Rs. 22,000 + Rs. 27,000`
`{:(,=Rs.100000),("Average Profits",=Rs.100000//5),(,=Rs.20000),("Goodwill",=Rs.20000 xx 4(1)/(2)),(,=Rs.90000):}`
Suresh in expected to bring in Rs. 7,500 as he gain `(2)/(24)` share in profits.
Dinesh in expected to receive Rs. 3,750 as he sacrifices `(1)/(24)` share in profits
Ramesh is expected to receive Rs. 3,750 as he sacrifices `(1)/(24)` share in profits
Had we raised Goodwill A/c in the old ratio and written it off in the new ratio, the net effect would have been the same.
![image](https://learnqa.s3.ap-south-1.amazonaws.com/images/161170221545448614acCg7CQepTQv8YN3.png)