A firm earned average profit of ₹2,50,000 which includes over valuation of closing stock of ₹10,000 on an average basis. The capital employed in tha business is ₹14,00,000 and the normal rate of return in similar business is 15%.what will ne the goodwill of the firm at 4 years purchase of the super profit.
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according to the question,
250000+10000+1400000+4-15
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