Question : The profits earned by a business over the last 5 years are as follows: Rs.12,000; Rs.13,000; Rs.14,000; Rs.18,000 and Rs.2,000 (loss). Based on two years purchase of the last 5 years profits, value of goodwill will be:

Question : Capital invested in a firm is Rs. 10,00,000. Normal Rate of Return of 10%. The average profits of the firm are Rs. 1,28,000 (after an abnormal loss of Rs. 8,000). Value of Goodwill at  two years' purchase of Super Profit will be

Question : X and Y are partners sharing profits and losses in the ratio of 3 : 2. They admit Z into partnership with 1/5th share in profits which he acquires equally from X and Y. Z brings in Rs.40,000 as goodwill in cash. Goodwill amount will be credited to -

Question : Profits of last three years are Rs.4,20,000, Rs.3,90,000 and Rs.4,50,000. The value of goodwill on the basis of two years purchase of three year average profit is:

Question : Goodwill of the firm on the basis of 2 years' purchase of average profit of the last 3 years is Rs.25.000. Find average profit.