Profit for the five years ending on 31st March, are as follows:
Year 2015 -Rs. 4,00,000, year 2016 - Rs. 3,98,000, Year 2017 - Rs. 4,50,000, Year 2018 - Rs. 4,45,000 and Year 2019 - Rs. 5,00,000.
Calculate goodwill of the firm on the basis of 4 years' purchase of 5 years' average Profit.

The profit for the five years of a firm are as follows – year 2013 Rs. 4,00,000, year 2014 Rs. 3,98,000, year 2015 Rs. 4,50,000, year 2016 Rs. 4,45,000 and year 2017 Rs. 5,00,000. Calculate goodwill of the firm on the basis of 4 years purchase of 5 years average profits.

The books of Ram and Bharti showed that the capital employed on 31.12.2016 was Rs. 5,00,000 and the profits for the last 5 years: 2015 Rs. 40,000, 2014 Rs.50,000, 2013 Rs. 55,000, 2012 Rs. 70,000 and 2011 Rs. 85,000. Calculate the value of goodwill on the basis of 3 year purchase of the average super profits of the last 5 years assuming that the normal rate of return is 10%.

Calculate the value of goodwill as on 1st April, 2015, on the basis of 2(1)/(2) year's purchase of the average profits of the last five years. The profits and losses for the years ending 31st March were : 2010 Rs. 80,000, 2011 Rs. 1,00,000, 2012 Loss Rs. 30,000, 2013 Rs. 1,70,000, 2014 Rs. 1,60,000 and 2015 Rs. 1,80,000. You are informed that the profits of the year ending 31st March 2014 included profit on sale of a fixed asset amounting to Rs. 50,000 and the profits for the year 2015 were effected by a loss due to fire amounting to Rs. 20,000.

Varun and Kuber are partners in a business. Balance in Capital and Current Accounts on 31st March, 2019 were : {:(,"Capital Account","Current Account"),("Varun"," Rs. 5,00,000"," Rs. 80,000"),("Kuber"," Rs. 3,50,000"," Rs. 20,000 (Dr.)"):} Profits of the last five consecutive years ending 31st March were : 2015 Rs. 60,000, 2016 Loss Rs. 40,000, 2017 Rs. 1,30,000, 2018 Rs. 2,00,000 and 2019 Rs. 2,50,000. General Reserve appeared in the books at Rs. 50,000. If the normal rate of return is 10%, find the value of goodwill by Capitalisation of Average Profit Method.

The total capital of the firm of Saurabh, Mohit and Nikhil was Rs. 1,00,000. The net profits for the last 3 years were : 2013-14 Rs. 40,000, 2014-15 Rsd. 46,000 and 2015-16 Rs. 52,000. There was an abnormal loss of Rs. 3,000 in 2014-15. Goodwill of the firm was to be valued at 2 years purchase of the average profits of the last three years. Calculate the goodwill of the firm.

The books of a business showed that the capital employed on December 31, 2015, Rs. 5,00,000 and the profits for the last five years were: 2010– Rs. 40,000: 2012-Rs. 50,000, 2013-Rs. 55,000, 2014-Rs.70,000 and 2015-Rs. 85,000. You are required to find out the value of goodwill based on 3 years purchase of the super profits of the business, given that the normal rate of return is 10%.

From the following particulars, calculate value of goodwill of a firm by applying Capitalisation of Average Profit Mehod: (i) Profits of last five consecutive years ending 31st March are: 2019 - Rs. 54,000, 2018 - Rs. 42,000, 2017 - Rs. 39,000, 2016 - Rs. 67,000 and 2015 - Rs. 59,000. (ii) Capitalisation rate 20% . (iii) Net assets of the firm Rs. 2,00,000.

The profits ear ned by a firm during the last four years were as follows: {:("Year ended 31st March","Profits (Rs.)"),(2013,"80,000"),(2014,"1,00,000"),(2015,"1,10,000"),(2016,"1,50,000"):} Calculate the value of goodwill on the basis of three year's purchase of weighted average profits. Weights to be used are 1,2,3 and 4 respectively to the profits for 2013, 2014, 2015 and 2016.

The profits of a firm for the last five years were as follows : {:("Year ended 31st March",,"Profits (Rs.)"),(2011,,"43,000"),(2012,,"50,000"),(2013,,"52,000"),(2014,,"65,000"),(2015,,"85,000"):} You are required to calculate the value of goodwill on the basis of two year's purchase of weighted average profits. The weights to be used are : 2011 - 1, 2012 - 2, 2013 - 3, 2014 - 4, 2015 - 5.