Question

Profit earned over the last 5 years are as follows: Rs.60,000; Rs.65,000; Rs.70,000; Rs.90,000 and Rs.10,000 (loss). Based on 2 years purchase of the last 5 years profits value of goodwill will be?
(a) Rs.23,600 (b) Rs.22,000 (c) Rs.1,10,000 (d) Rs.1,18,000

Answer 1

Answer:

RS 1,18,000 is the correct answer I am not sure because I had solve it in the mind