1.

Profit of last three years were Rs. 7000, Rs. 12,000 and Rs. 8,000. The value of goodwill at 2 years purchase of average profit will be(a) Rs. 81,000(b) Rs. 27,000(c) Rs. 9,000(d) Rs. 18,000 

Answer»

The value of goodwill at 2 years purchase of average profit will be Rs. 18,000 



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