Question

Calculate goodwill at 70% of the average profits of last four years:
Year
Profit Earned
₹
2018
1,20,000
2019
2020
year 2018
75% of 2014 profit
First six month 40% of profit of the
Next six months 80% of profit of first six month
Two time of 2019 profit
​

Answer 1

Answer:

I think it should be 90%.