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Goodwill is valued as two years purchase of the average profits of three previous yearsare Rs. 15000, the value of goodwill be:

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Question:

Goodwill is valued as two years purchase of the average profits of three previous yearsare Rs. 15000, the value of goodwill be:

A.

rs. 15000

B.

rs. 30000

C.

rs. 20000

D.

rs. 50000

Answer» b. rs. 30000

Note: The above multiple-choice question is for all general and Competitive Exams in India.