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A firm earns a profit of ₹ 1,10,000. The Normal Rate of Return is 10%. Assets of the firm are ₹ 11,00,000 and liabilities ₹ 1,00,000.  The Value of goodwill by Capitalisation of Average Profit will be

a) ₹ 2,00,000

b) ₹ 10,000

c) ₹ 5,000

d) ₹ 1,00,000

Anurag Pathak Changed status to publish April 16, 2023
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