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The profit of last four years are: 2000Rs.40,000 The value of goodwill on the basis of 2001 Rs.50,000 2002 Rs.60,000 2003 Rs.50,000 three purchases

 

The profit of last four years are: 2000Rs.40,000 The value of goodwill on the basis of 2001 Rs.50,000 2002 Rs.60,000 2003 Rs.50,000 three purchases years of average profit based on last four years: A Rs.1,00,000 B Rs.1,50,000 C Rs.2.00,000 D None

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