[ISC] Q. 32 Goodwill Solution TS Grewal Class 12 (2026-27)

Solution to Question number 32 of the Goodwill chapter 2 TS Grewal Book ISC Board 2026-27 Edition.

Average profit of GS & Co. is ₹ 50,000 per year. Average capital employed in the business is ₹ 3,00,000. If the normal rate of return on capital employed is 10%. Calculate goodwill of the firm by:

i) Super Profit Method at three year’s purchase, and

ii) Capitalisation of Super Profit Method.

Solution:-