Question

the books of a business showed that the capital employed on 31 - 12 - 2018 is Rs. 500,000 and the profits for the last five years were: 2014 - RS . 40,000 , 2015- RS. 50,000 , 2016 - RS. 55,000 , 2017- RS . 17,000 and 2018- RS. 85,000. you are required to find out the value of goodwill based on 3 years purchase of the super profits of the business , given that the normal rate of Return is 10 %. ​

Answer 1

Answer:

answer is 99864

Explanation:

because addition and subtraction interchange their position...