A business earned average profits of …

CBSE, JEE, NEET, CUET
Question Bank, Mock Tests, Exam Papers
NCERT Solutions, Sample Papers, Notes, Videos
A business earned average profits of Rs.1,00,000/- during the last few
years. The normal rate of return in similar type of business is 10%. The
assets of the business were Rs.10,00,000/- and external liabilities was Rs.
1,80,000/-. Calculate the value of goodwill of the firm by super profit
method, if the goodwill is valued at 2. 1/2 years purchase of super profits
Posted by Taneesh Khan 4 years, 4 months ago
- 0 answers
ANSWER
Related Questions
Posted by Mohd Aman Mansoori 1 year, 5 months ago
- 0 answers
Posted by Tanishk Kabra 1 year, 5 months ago
- 0 answers

myCBSEguide
Trusted by 1 Crore+ Students

Test Generator
Create papers online. It's FREE.

CUET Mock Tests
75,000+ questions to practice only on myCBSEguide app
myCBSEguide