[CBSE] Q. 20 Solution of Goodwill TS Grewal Class 12 (2024-25)
Solution to Question number 20 page of the Goodwill Chapter 2 TS Grewal Book CBSE Board 2024-25 Edition.
A business earned an average profit of ₹ 1,80,000 during the last few years. Average capital employed by the firm is ₹ 12,50,000. If goodwill of the firm is valued at ₹ 1,60,000 at 2 year’s purchase of super profit, find normal rate of return.
[Ans.: Normal Rate of Return – 8%.]
Solution:-
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