Question

<br />. The capital of the firm of Anuj and Benu is 10,00,000 and the market rate of interest is 15%. Annual<br />salary to the partners is 60,000 each. The profit for the last three years were * 3,00,000, 3,60,000 and<br />4,20,000. Goodwill of the firm is to be valued on the basis of two years' purchase of last three years<br />average super profits. Calculate the goodwill of the firm,<br />​

Answer 1

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Answer 2

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