[ISC] Q. 33 Goodwill Solution TS Grewal Class 12 (2023-24)

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Solution to Question number 33 of the Goodwill Chapter 2 TS Grewal Book ISC Board 2023-24 Edition.

Average profit of GS & Co. is ₹ 50,000 per year. Average capital employed in the business is ₹ 3,00,000. If the normal rate of return on capital employed is 10%. Calculate goodwill of the firm by:

i) Super Profit Method at three year’s purchase, and

ii) Capitalisation of Super Profit Method.

Solution:-

List of all solutions of Goodwill chapter TS Grewal ISC Board class 12 (2023-24)

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