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If Average Profit of a Certain Firm for Last Five

Question 17

Multiple Choice

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

Correct Answer:

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