Please answer this question !!!
Dear student
goodwill of the firm = Average profit X no. of years purchase
Rs 25,000 = average profit X 2
Average profit = = Rs 12,500
note: it seems like options are not correct.
Regards
goodwill of the firm = Average profit X no. of years purchase
Rs 25,000 = average profit X 2
Average profit = = Rs 12,500
note: it seems like options are not correct.
Regards