The average capital employed of a firm is Rs 4,00,000  and the normal rate of return is
Channel: Doubtnut
Date: 2020-04-26

The average capital employed of a firm is Rs 4,00,000  and the normal rate of return is `15%.` The average profit  of the firm is Rs 80,000 per annum. If the remuneration of the partners is estimated to be Rs10,000  per annum, then on the basis of two years purchase of super-profit, the value of  teh Goodwill will  be: