the capital of the partners anu …
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the capital of the partners anu and benu is Rs. 1,00,000 and the market rate of interest is 15%. annual salary to partners is Rs. 6,000 each. the profit for the last three years were Rs. 30,000, 36,000 and 42,000. goodwill is to be valued at 2 years purchase of the last 3 years average super profits. calculate the goodwill of the firm.
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