Blue Prints Ltd., purchased a building worth ₹1,50,000, machinery worth ₹1,40,000, and furniture worth ₹10,000 from XYZ Co. and also took over liabilities of ₹20000. The purchase consideration is of ₹3,15,000. What will be the amount of goodwill?

₹35000

Since the purchase consideration is more than the net assets taken over, the difference has been debited to the goodwill account.
Purchase consideration = ₹315000
Net assets = Building + Machinery + Furniture
                   =150000 + 140000 +10000
                   = ₹300000
Liabilites= ₹20000
Goodwill = (Purchase consideration + Liabilities)  - net assets
             =(315000 + 20000) -300000
             = ₹335000 - 300000
             = ₹35000