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ASHOK AND RAKESH earned a profit of 15,000.They employed capital of 50,000 in the firm.It is expected that the average rate of profit is 15% of the capital. Calculate the amount of goodwill, if goodwill is valued at 3 years purchase of super profits.

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ASHOK AND RAKESH earned a profit of 15,000.They employed capital of 50,000 in the firm.It is expected that the average rate of profit is 15% of the capital. Calculate the amount of goodwill, if goodwill is valued at 3 years purchase of super profits. ​

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ASHOK AND RAKESH earned a profit of 15,000.They employed capital of 50,000 in the firm.It is expected that the average rate of profit is 15% of the capital. Calculate the amount of goodwill, if goodwill is valued at 3 years purchase of super profits.