A partnership firm's Goodwill is valued at ₹2,00,000. Normal Rate of Return is 15%. Super Profit would be.............

₹30,000 ₹50,000 ₹1,00,000 None of these

₹30,000

Goodwill = Super Profit * 100 / NRR Super Profit = Goodwill X (NRR/100) = 2,00,000 * 15 /100 = 30,000"