[CBSE] Q. 32 Solution of Goodwill TS Grewal Class 12 (2025-26)
Solution to Question number 32 of the Goodwill chapter 2 TS Grewal Book CBSE Board 2025-26 Edition.
On 1st April 2018, the firm had assets of ₹ 1,00,000 excluding stock of ₹ 20,000. The current liabilities were ₹ 10,000 and the balance constituted Partner’s Capital Accounts. If the normal rate of return is 8%, the Goodwill of the firm is valued at ₹ 60,000 at four years’ purchase of super profit, find the actual profits of the firm.
[Ans.: Capital Employed – ₹ 1,10,000; Normal Profit – ₹ 8,800; Average Actual Profit – ₹ 23,800.]
Solution:-
The link to All unsolved questions has been given below.
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| 32 | Question – 32 |
| 33 | Question – 33 |
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| 38 | Question – 38 |
please also make solution of third and second book of accounts ts Grewal of 2025-26