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preeti meena

· started a discussion

· 1 Months ago

nhj (Question: 337602.0 )

not part of syllabus

Question:

If capital employed by a partnership firm is Rs.1,00,000 and its average profit is Rs.20,000 normal rate of return is 15%, then find goodwill if it is valued on the basis of one year purchase of super profits.

Options:
A)

Rs.30,000 

B)

Rs.5,000

C)

Rs.1,33,333

D)

Rs.33,333

Solution:

Ans: (b)

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