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Average profit of the firm is Rs. 1,50,0...

Average profit of the firm is Rs. 1,50,000. Total tangible assets in the firm are Rs. 14,00,000 and outside liabilities are Rs. 4,00,000. In the same type of business, the normal rate fo return is `10%` of the capital employed.
Calculate value fo goodwill by Capitalisation of Super Profit Method.

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