The total capital of the firm of Sakshi, Mehak and Megha is Rs.
Channel: Doubtnut
Date: 29/03/2020

The total capital of the firm of Sakshi, Mehak and Megha is Rs. 1,00,000 and the market rate fo interest is `15%`. The net profits for the last 3 years were Rs. 30,000, Rs. 36,000 and Rs. 42,000. Goodwill is to be valued at 2 years\' purchase of the last 3 years\' super profits. Calculate the goodwill of the firm..