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प्रश्न
A partnership firm earned net profits during the last three years as follows:
2016: ₹ 20,000; 2017: ₹ 17,000 and 2018: ₹ 23,000
The capital investment of the firm throughout the above mentioned period has been ₹ 80,000. Having regard to the risk involved, 15% is considered to be a fair return on capital employed in the business. Calculate the value of goodwill on the basis of 2 years purchase of super profit.
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उत्तर
Calculation of average profit Year Profit
| Year | Profit |
| 2016 | 20,000 |
| 2017 | 17,000 |
| 2018 | 23,000 |
| Total profit | 60,000 |
Average Profit = `"Total profit"/"Number of years"`
= `(60,000)/3`
= ₹ 20,000
Normal profit = Capital employed × Normal rate of return
= `80,000 xx 15/100`
= ₹ 12,000
Super profit = Average Profit – Normal profit
= 20,000 – 12,000
= 8,000
Valuation of goodwill = Super profit × No. of years purchase
= ₹ 8,000 × 2
= ₹ 16,000
