Accountancy, asked by wwwsrijithvignan, 9 months ago

Goodwill of the firm on the basis of 2 years purchase of average profit of the last 3 years is Rs 25,000. Find Average Profit. *

Answers

Answered by kanishk7149

0

answer

average profit=37500

Explanation:

Goodwill=25000/2=12500

average profit=12500×3=37500

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