Solve the question ASAP
Solution:
Average Profit = [25000 + 40000 +(-15000) + 80000 + 100000] / 5
= 230000 / 5
= Rs 46000
Goodwill = Average profit x No. of purchase year
= 46000 x 4
= Rs 184000
Average Profit = [25000 + 40000 +(-15000) + 80000 + 100000] / 5
= 230000 / 5
= Rs 46000
Goodwill = Average profit x No. of purchase year
= 46000 x 4
= Rs 184000