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Jagat and Kamal are partners in a firm. Their Capitals are Jagat ₹ 3,00,000 and Kamal ₹ 2,00,000. During the year ended 31st March 2023, the firm earned a profit of ₹ 1,50,000. The normal rate of return is 20%. Calculate the value of the Goodwill of the Firm by  Capitalisation Method.

a) ₹ 2,00,000

b) ₹ 5,00,000

c) ₹ 3,50,000

d) ₹ 2,50,000

Anurag Pathak Changed status to publish April 17, 2023
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