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Capitak employed in a busines is …

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Capitak employed in a busines is ₹200000 .Normal rate of return on capital employed is 25% during the year.the firm earned a profit of ₹48000 . Calulate goodwill on the basis of 3 years purchase year of super profit

    • Posted by Vishal Tiwari 6 years, 1 month ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Mayank Garg 6 years, 1 month ago

    The goodwill of firm is NIL. Because Super Profit is -₹2000 which means it's a loss and a loss making firm does not have any goodwill.

    1Thank You

    Aparna Nandan 6 years, 1 month ago

    Is this question is correct??

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