A and B are partners in a firm sharing profits and losses in the ratio of 2 : 1. They decide to take C into partnership for 1/5th share on 1st April 2017. For this purpose goodwill is to be valued at 80% of the average annual profits of the previous three or four years, whichever is higher.
The average profits for the last four years are :
`{:(,," Rs."),("Year ending on 31st March 2014",,"98,000"),("Year ending on 31st March 2015",,"80,000"),("Year ending on 31st March 2016",,"76,000"),("Year ending on 31st March 2017",,"1,20,000"):}`
Calculate the value of Goodwill.

A, B and C are partners in a firm sharig profits and losses in the ratio of 3 : 2 : 1. They decide to take D into partnership for 1/4th share on 1st April, 2017. For this purpose, goodwill is to be valued at 3 times the average annual profits of the previous four or five years whichever is higher. The agreed profits for goodwill purpose of the past five years are as follows: {:(,,"Rs,"),("Year ending on 31st March 2013",,"1,30,000"),("Year ending on 31st March 2014",,"1,20,000"),("Year ending on 31st March 2015",,"1,50,000"),("Year ending on 31st March 2016",,"1,10,000"),("Year ending on 31st March 2017",,"2,00,000"):} Calculate the value of Goodwill.

Sara, Tara and Zara are partners in a firm sharing profits and losses in the ratio of 3 : 2 : 1. They decide to take Dara into partnership from 1st April, 2019 for 1/4th share in the profits. For this purpose, goodwill is to be valued at twice the average annual profit of the previous three or four years, whichever is higher. The annual profits for the purpose of goodwill for the past four years were: {:("Year Ended",,"Rs."),("31st March, 2019",," 48,000,"),("31st March, 2018",," 30,000,"),("31st March, 2017",," 31,200,"),("31st March, 2016",," 42,000".):} Calculate value of goodwill.

Purav and Purvi are partners in a firm sharing profits and losses in the ratio of 2:1 . They decide to take parv into partnership for 1/4th share on 1st April, 2019. For this purpose, goodwill is to be valued at four times the average annual profit of the previous four or five years, whichever is higher. The agreed profits for goodwill purpose of the past five years are: Calculate the value of goodwill.

Annu, Baby and Chetan are partners in a firm sharing profits and losses equally. They decide to take Deep into partnership from 1st April, 2019 for 1/5th share in the future profits. For This purpose, goodwill is to be valued at 100% of the average annual profits of the previous three or four years, whichever is higher. The anual profits for the purpose of goodwill for the past four years were: {:("Year Ended",,"Profits (Rs.)"),("31st March, 2019",,"2,88,000,"),("31st March, 2018",,"1,81,800,"),("31st March, 2017",,"1,87,200,"),("31st March, 2016",,"2,53,200".):} Calculate the value of goodwill.

A and B are partners sharing profits and losses in the ratio of 3 : 2. They agree to take C into partnership for 1/3rd share. For this purpose, goodwill is to be valued at two year's purchase of the average profit of last four years which were as follows : {:(,," Rs."),("Year ending on 31st March 2014",,"50,000 (Profit)"),("Year ending on 31st March 2015",,"1,20,000 (Profit)"),("Year ending on 31st March 2016",,"1,80,000 (Profit)"),("Year ending on 31st March 2017",,"70,000 (Loss)"):} On 1st April, 2016 a Motor bike costing Rs. 50,000 was purchased and debited to travelling expenses account, on which depreciation is to be charged @ 20% p.a. calculate the value of goodwill.

X, Y and Z are partners sharing profits and losses in the ratio of 5 : 3 : 2. They admit A into partnership and give him 1/5th share of profits. Find the new profit-sharing ratio.

A, B and C are partners sharing profits and losses equally. They agree to admit D for equal share. For this purpose goodwill is to be valued at 3 year's purchase of average profits of last 5 years which were as follows: {:(,,"Rs,"),("Year ending on 31st March 2013",,"60,000 (Profit)"),("Year ending on 31st March 2014",,"1,50,000 (Profit)"),("Year ending on 31st March 2015",,"20,000 (Loss)"),("Year ending on 31st March 2016",,"2,00,000 (Profit)"),("Year ending on 31st March 2017",,"1,85,000 (Profit)"):} On 1st October, 2016 a computer costing Rs. 40,000 was purchased and debited to office expenses account on which depreciation is to be charged @25% p.a. Calculate the value of goodwill.

X and Y are partners in a firm sharing profits and losses in the ratio of 3 : 2. Z is admitted as partner with 1/4th share in profit. Z acquired his share from X and Y in the ratio of 2 : 1. Calculate new profit-sharing ratio.

A and B are partners sharing profits in the ratio of 4 : 3. They admitted C as a new partner who gets 1/5th share of profit, entirely from A. The new profit sharing ratio will be :