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The total capital of the firm of Sakshi, Mehak, and Megha is ₹ 1,00,000 and the market rate of interest is 15%. The net profits for the last 3 years were ₹ 36,000 and ₹ 42,000.

Goodwill is to be valued at 2 years’ purchase of the last 3 year’s super profit.

Calculate the goodwill of the firm.

[Ans.: Goodwill – ₹ 42,000.]

Anurag Pathak Changed status to publish April 17, 2023
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