X and Y are partners in a firm with capital of Rs. 1,80,000 and Rs. 2,00,000. Z was admitted for 1/3rd share in profits and brings Rs. 3,40,000 as capital. Calculate the amount of hidden goodwill for Z.

1
Rs. 2,40,000
2
Rs. 1,00,000
3
Rs. 1,50,000
4
Rs. 3,00,000

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