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.

The profits of firm for the five years are as follows: {:(Year,Profit(Rs.)),(2012-13,20000),(2013-14,24000),(2014-15,30000),(2015-16,25000),(2016-17,18000):} Calculate the value of goodwill on the basis of three years’ purchase of weighted average profits based on weights 1,2,3,4 and 5 respectively.

Profit of a firm for the last five years were: Calculate value of goodwill on the basis of three years' purchase of the weighted average profit after assigning weights 1, 2, 3, 4 and 5 respectively to the profits for years ended 31st March, 2015, 2016, 2017, 2018 and 2019.

Profits of a firm for the year ended 31st March for the last five years were: Calculate value of goodwill on the basis of three years' purchase Weighted Average Profit after assigning weights 1, 2, 3, 4 and 5 respectively to the profits for years ended 31st March, 2015, 2016, 2017, 2018 and 2019.

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.

(Super Profit Method). A firm earned net profits during the last three years as: {:("Years",I,II,III),("Profits(Rs.)","18,000","20,000","22,000"):} The capital investment of the firm is Rs. 60,000. Normal return on the capital is 10% . Calculate value of goodwill on the basis of three years' purchase of the average super profit for the last three years.

The Following infromation relates to a partnership firm : (a) Profits for the last five years : {:(2012,"Rs. 80,000",2015,"Rs. 1,50,000"),(2013,"Rs. 1,00,00",2016,"Rs. 2,70,000"),(2014,"Rs. 2,00,000",,):} (b) Average Capital Employed is Rs. 5,00,000 (c) Rate of normal profit 20% Find out the value of goodwill on the basis of : (i) Three year's purchase of average profits (ii) Three year's purchase of super profits (iii) Capitalisation of super profits.

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 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%.

(Average profit Method when Past Adjustments are Made). Simran purchased Anita's business on 1st April, 2019. It was agreed to value goodwill at three years' purchase of average normal profit of the last four years. The profits of Anita's business for the last four years were: {:("Year Ended",,Rs.),("31st March, 2016",," 90,000,"),("31st March, 2017",,"1,60,000,"),("31st March, 2018",,"1,80,000,"),("31st March, 2019",,"2,20,000."):} Following further facts are noticed from the books of account that: 1. During the year ended 31st March, 2016, an asset was sold at a gain (profit) fo Rs. 10,000. 2. During the year ended 31st March, 2017, a machine got destroyed in accident and Rs. 30,000 was written off as loss in Profit and Loss Account. 3. During the year ended 31st March, 2018, firm's assets were not insured due to oversight. insurance premium being Rs. 10,000. Calculate the value of goodwill.