[CBSE] DK Goel Q. 12 Change in Profit Sharing Ratio Solutions Class 12 (2026-27)

Solution of Question 12 of Change in Profit sharing ratio DK Goel Class 12 CBSE (2026-27)

Capital invested in a firm is ₹ 3,00,000. Normal rate of return is 10%. Average profits of the firm are ₹ 41,000 (after an abnormal loss of ₹ 2,000). Calculate goodwill at five times the super profits.

[Ans. Goodwill ₹ 65,000.]

Solution:-