[ISC] Q. 22 Goodwill Solution TS Grewal Class 12 (2026-27)
Solution to Question number 22 of the Goodwill chapter 2 TS Grewal Book ISC Board 2026-27 Edition.
The average profit earned by a firm is ₹ 7,50,000 which includes overvaluation of stock of ₹ 30,000 on an average basis. The capital invested in the business is ₹ 42,00,000 and the normal rate of return is 15%. Calculate goodwill of the firm on the basis of 3 times the super profit.
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