Chapter Name:$-$ Partnership

If a partner's share of profit is $30\%$ and the firm's

average profit is $,$ and the firm's goodwill is

valued at $2$ years' purchase of super profit, what will be

the amount of goodwill if the super profit is calculated as

the excess of average profit over the normal profit of

$?$

a$)$

b$)1,20,000$

c$)$

d$)1,80,000$