A firm earned a profit of Rs 50000 on the capital of RS./400000 normal rate of return is 12%calculate the value of goodwill at 3 year purchase of super profit

The average profit of a business over the last 5 years amounting to ₹ 60,000. The normalcommercial yield on capital invested in such a business is Deemed to be 10% per annum. Thenet capital invested in the business is ₹ 5,00,000. amount of goodwill, if it is based on 3 yearspurchase of last 5 years super profit will be(A) ₹100000(B) ₹180000(C) ₹ 30000(D) ₹ 150000

A firm earned a profit of 40000 on the capital of 300,000. Normal rate of return is 10%.Calculate the value of good”wo points Income and Expenditure A/c with Profit and Loss A/c.(2)will at three years purchase of Super Profit

Calculate goodwill of the firm on the basis of 3 year's purchase of the average profits of the last five years. The profits of the last five years were :YearAmount (Rs.)2013-144,00,0002014-155,00,0002015-16 (60,000)2016-171,50,0002017-182,50,000Additional Information:(i) On 1st January, 2016, a fire broke out which resulted into a loss of goods of Rs. 3,00,000. A claim of Rs. 70,000 was received from the insurance company.(ii) During the year ended 31st March, 2018 the firm received an unexpected tax refund of Rs. 80,000.

X and Y are partners in a firm with capital of 1,80,000 and 2,00,000. Z was admitted for 1/3rd sharein profits and brings ₹ 3,40,000 as capital, calculate the amount of goodwill

Read the following passage and answer the questions given belowRahul, Ravi, and Raju are the  parteners of a business. They started a partnership business in the textiles. Their capital were Rs 4,00,000  Rs 3,00,000 And Rs 1, 00,000 respectively. They decided to share the profit and losses in the ratio of 4:3:1.They decided to expand their business, The new partner was admitted Ramesh in the firm for 1/5th of share in the profit. On Ramesh admission the goodwill of the firm was valued at 3 years. Purchase of last 5 years average profit.        The profit during last 5 year were Rs 5,00,000 , 4,00,000  and 2,00,000 , 1,00,000 . Ramesh brought Rs 2,00,000 his capital and Also his share of goodwill 1) What amount of capital will be brought by Ramesh1 point1,00,0002,00,00050,0003,00,0002) What is the total capital of the firm at the time of started the business1 point2,00,0001,00,0008,00,0005,00,0003) Who is the new partner of the firm1 pointKavinRameshRaniKeshavOther:4) On the Ramesh admission the goodwill of the firm is valued at ______ year*1 point5327Other:BackNextClear form