From the following information, calculate value of goodwill of M/s Sharma & Gupta:
(i) At three Years' purchase of Average Profit.
(ii) At three years' purchase of Super Profit.
(iii) On the basis of Capitalisation of Super Profit.
On the basis of Capitalisation of Average Profit.
information:
(a) Average Capital Employed - Rs. 10,00,000.
(b) Net Profit/Loss of the firm for the past years: 2017 - Rs. 1,60,000 (Profit), 2018 - Rs. 1,40,000 (Profit), 2019 - Rs. 2,70,000 (Profit).
(c) Normal Rate of Return on Capital is `11%`.
(d) Remuneration to each partner for his service to be treated as a charge on Profit - Rs. 2,500 per month.
(e) Assets (excluding goodwill) - Rs. 11,00,000, Liabilities - Rs. 1,00,000.

From the following information, calculate value of goodwill of the firm: (i) At three years' purchase of Average Profit. (ii) At three years' purchase of Super Profit. (iii) On the basis of Capitalisation of Super Profit. (iv) On the basis of Capitalisation of Average Profit. Information: (a) Average Capital Employed is Rs. 6,00,000. (b) Net Profit/(Loss) of the firm for the last three years ended are: 31st March, 2018 - Rs. 2,00,000, 31st March, 2017 - Rs. 1,80,000, and 31st March, 2016 - Rs. 1,60,000. (c) Normal Rate of Return in similar business is 10% . (d) Remuneration of Rs. 1,00,000 to partners is to be taken as charge against profit. (e) Assets of the firm (excluding goodwill, fictitious assets and non-trade investments) is Rs. 7,00,000 whereas Partners' Capital is Rs. 6,00,000 and Outside Liabilities Rs. 1,00,000.

Calculate value of goodwill on the basis of three years' purchase of average profit of the preceding five years which were as follows:

From the following information, calculate value of goodwill of the firm by applying Capitalisation Method: Total Capital of the firm Rs. 16,00,000. Normal rate of return 10% . Profit for the year Rs. 2,00,000.

Calculate the value of goodwill according to capitalisation of Super Profits.