Student Community

Firm’s Capital in a business is Rs. 2,00,000. The normal rate of return on firm’s capital is 15%. During the year 2015 the firm earned a profit of Rs. 48,000

224 viewsAugust 10, 2024[NCERT] Admission of Partner

Anurag Pathak28.35K August 10, 2024 0 Comments

Firm’s Capital in a business is Rs. 2,00,000. The normal rate of return on firm’s capital is 15%. During the year 2015 the firm earned a profit of Rs. 48,000. Calculate goodwill on the basis of 3 years purchase of super profit?

[Ans : Rs. 54,000]

Anurag Pathak Answered question August 10, 2024

Add a Comment

1 Answer

Anurag Pathak28.35K Posted August 10, 2024 0 Comments

Solution:-

Anurag Pathak Answered question August 10, 2024

Add a Comment

Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

Articles: 8060

Telegram Channel

Telegram Channel

Firm’s Capital in a business is Rs. 2,00,000. The normal rate of return on firm’s capital is 15%. During the year 2015 the firm earned a profit of Rs. 48,000

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

Related Questions