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Capital invested in a firm is ₹5,00,000. Normal rate of return is 10%. Average profits of the firm are ₹64,000 (after an abnormal loss of ?4,000). Value of goodwill at four times the super profits will be :

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Capital invested in a firm is ₹5,00,000. Normal rate of return is 10%. Average profits of the firm are ₹64,000 (after an abnormal loss of ?4,000). Value of goodwill at four times the super profits will be :






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