Accountancy, asked by PrajwalR1821, 8 months ago

Goodwill of the firm on the basis of 2 years purchase of average profit of the last three years is Rs. 25000. Find average profit

Answers

Answered by akshali98

3

Answer:

average profit=37500

Explanation:

Goodwill=25000/2=12500

average profit=12500×3=37500

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