Profits of the last three years were ₹ 6,000, ₹ 13,000 and ₹ 8,000 respectively. Goodwill at two years purchase of the average net profit will be :
A. ₹ 81,000
B. ₹ 27,0000
C. ₹ 9,000
D. ₹ 18,000
Answer:D
Profits of the last three years were ₹ 6,000, ₹ 13,000 and ₹ 8,000 respectively. Goodwill at two years purchase of the average net profit will be :
A. ₹ 81,000 B. ₹ 27,0000 C. ₹ 9,000 D. ₹ 18,000