The total capital of the firm was Rs. 1,00,000. The profit for the last three years were:
2013-14 Rs.40,000
2014-15Rs 46,000
2015-16Rs.52,000
There was an abnormal loss of Rs 3,000 in 2014- 15.Goodwill of the firm was valued at 2 years purchase of average profit of last 3 years. Calculate the Goodwill of the firm.
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