Question

14. The capital of Ranjana and Hema in business of partnership was 31,00,000 and 3 82,000
respectively. The rate of interest in the market was 15%.
Salary of Ranjana and Hema was 10,900 each. The three years profit of the firm were
54,600, 65,520 and 76,440 respectively. Calculate the value of goodwill on the basis of
2 years purchase of the past three years average super profit.
[Ans. Normal profit *27,300, Average profit 343,720, Super profit 316,420, Goodwill
*32,840.]​

Answer 1

Answer:

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