The average profit earned by the firm is ₹2,40,000. Capital invested in the business is ₹21,00,000 and the normal rate of return is 10%. What is the value of Goodwill of the firm on the basis of four times the super profit:
1
₹90,000.
2
₹1,20,000.
3
₹1,50,000.
4
₹1,80,000.