Question

calculate the amount of goodwill in the following case on the bases of 3 year purchase of the last 4 year average profit the profit and loss of the last 4 years 1995 - rs 10000 , 1996 - rs 16000 , 1997 - rs 6000 (loss) , 1998 - rs 12000​

Answer 1

Answer:

(10000+16000+12000)-6000

= 38000-6000

= 32000.

So the answer is:- ( Rs 32000 )