Average profit of GS & Co. is ₹ 50,000 per year. Average capital employed in the business is ₹ 3,00,000. If the normal rate of return on capital employed is 10%. Calculate goodwill of the firm by:

i) Super Profit Method at three year’s purchase, and

ii) Capitalisation of Super Profit Method.

Anurag Pathak Changed status to publish June 25, 2023
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