Rohit and Hardik are partners sharing profits and losses equally. They decided to admit Surya as a partner for 1/3 share. For this purpose, the goodwill of the firm is to be valued. From the following information, calculate the value of goodwill by:

(i) Capitalisation of Average Profit Method.
(ii) Capitalisation of Super Profit Method.

(a)Average Capital Employed ₹ 6,00,000
(b) Normal Rate of Return 12%
(c) Profit for last three years:
2021-22
2022-23
2023-24		 ₹ 90,000
₹ 80,000
₹ 1,00,000
(d) Assets (Excluding goodwill) ₹10,00,000
(e)Liabilities ₹ 4,00,000