Sonu,one of the three partners in a firm, retired from business. His share in profits and losses was 2/5. His share in goodwill of the firm calculated on the basis of 2 years' purchases of superprofit was rs.20,000 and the firm's average annual profit was rs.40,000.in the same business, normal rate of earning profit is 10%. calculate the amount of capital invested in the firm.
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the basis of 2 years' purchases of superprofit was rs.20,000 and the firm's average annual profit was rs.40,000.in the same business, normal rate of earning profit
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