Q.

If Average Profit of a certain firm for last five years is Rs5,00,000 , Normal profit is Rs 3,50,000/-. What would be the Value of Goodwill at 3years purchase of super profit

A. Rs 8,00,000
B. Rs 6,00,000
C. Rs 4,50,000
D. all
Answer» C. Rs 4,50,000
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