The total capital of the firm of Sakshi, Mehak and Megha is Rs.  1,00,000 and the market rate of interest is 15%. The net profits for the last 3 years were Rs.  30,000; Rs.  36,000 and Rs.  42,000. Goodwill is to be valued at 2 years purchase of the last 3 years’ super profits.

Calculate the goodwill of the firm.

Marks-3, CBSE:2016-17/Comp-DL/Q-7