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The capital of the firm of sharma and verma is ₹200000 and the market rate of interest is 15% . Annual salary of partners is ₹12000 each. The profit for the last three years were ₹60000,₹72000 and ₹84000 . Goodwill is be valued at 2 years' purchase of last 3 years average super profit. Calculate the goodwill of the firm.

Posted by Devansh Aswal 8 years, 2 months ago

CBSE > Class 12 > Accountancy

2 answers

Shazil Imam 8 years, 2 months ago

144000

Nisha Deshwal 8 years, 2 months ago

1,44,000

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CBSE > Class 12 > Accountancy

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