[CBSE] DK Goel Q. 13 Change in Profit Sharing Ratio Solutions Class 12 (2024-25)
Solution of Question 13 of Change in Profit sharing ratio DK Goel Class 12 CBSE (2024-25)
Find out the capital employed from the following information:
Normal rate of return: 12%
| Profits: 2021-22 | 80,000 |
| 2022-23 | 1,30,000 |
| 2023-24 | 1,56,000 |
Goodwill valued at 3 years purchase of Super Profits ₹ 1,50,000.
[Ans: Capital Employed ₹ 6,00,000.]
Solution:-
