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Average profit of a firm is Rs. 48.000. The rate of capitalization is 12%. Assets and liabilities of the firm are Rs. 4.00,000 and

Average profit of a firm is Rs. 48.000. The rate of capitalization is 12%. Assets and liabilities of the firm are Rs. 4.00,000 and Rs. 1.70,000 respectively. Calculate goodwill.

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