The following information relates to a partnership firm :
(a) Profits/Loss for the last six years :
`{:("1st year","Rs. 20,000 Profit","4th year","Rs. 60,000 Profit"),("2nd year","Rs. 60,000 Profit","5th year","Rs. 50,000 Profit"),("3rd year","Rs. 10,000 Loss","6th year","Rs. 72,000 Profit"):}`
(b) Average Capital Employed is Rs. 2,00,000.
(c) Rate of normal profit is 15%.
Find out the value of goodwill on the basis of :
(i) Four year's purchase of average profits.
(ii) Four year's purchase of super profits.
(iii) Capitalisation of super profits.

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.

The following information relates to a partnership firm: (a) Sundry Assets of the firm Rs. 6,80,000. Outside Liabilities Rs. 60,000. (b) Profits and losses for the past years : Profit 2013 Rs. 50,000, Loss 2014 Rs. 10,000, Profit 2015 Rs. 1,64,000 and Profit 2016 Rs. 1,80,000. (c) The normal rate of return in a similar type of business is 12%. Calculate 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 average profits, and (iv) Capitalisation of super profits.

A firm earned net profits durning the last seven years as follows : {:(2009,"Rs.","20,000 Profit",2010,"Rs.","70,000 Loss"),(2011,"Rs.","40,000 Loss",2012,"Rs.","2,50,000 Profit"),(2013,"Rs.","2,70,000 Profit",2014,"Rs.","3,00,000 Profit"),(2015,"Rs.","3,20,000 Profit",,,):} The Capital invested in the firm is Rs. 12,00,000. Normal rate of return in the similar type of business is 10%. Calculate the value of goodwill on the basis of 2(1)/(2) years' purchases of average super profits earned durning the above mentioned seven years.

Average profit of GS & Co. is Rs. 50,000 per year. Average capital employed in the business is Rs. 3,00,000. if the normal rate of return on capital employed is 10% , calculate goodwill of the firm by: (i) Super Profit Method at three years' purchase, and (ii) Capitalisation of Super Profit Method.

Calculate Goodwill on the basis of two years' purchase of average profits of last six years. Profits are as follows : {:("Year","Rs.","Profit/Loss"),("1st A","60,000","Profit"),("2nd","40,000","Loss"),("3rd","30,000","Loss"),("4th","1,00,000","Profit"),("5th","1,70,000","Profit"),("6th","2,20,000","Profit"):}

(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.

A firm earned profits of Rs. 80,000, Rs. 1,00,000, Rs. 1,20,000 and Rs. 1,80,000 during 2010-11, 2011-12, 2012-13 and 2013-14 respectively. The firm has capital investment of Rs. 5,00,000. A fair rate of return on investment is 15% p.a. Calculate goodwill of the firm based on three years' purchase of average super profits of last four years.