[ISC] Q. 30 Goodwill Solution TS Grewal Class 12 (2026-27)

Solution to Question number 30 of the Goodwill chapter 2 TS Grewal Book ISC Board 2026-27 Edition.

Average profit of the firm is ₹ 2,00,000. Total assets of the firm are ₹ 15,00,000 whereas Partner’s Capital is ₹ 12,00,000. If normal rate of return in a similar business is 10% of the capital employed, what is the value of goodwill by capitalisation of Super Profit?

Solution:-