[CBSE] DK Goel Q. 13 Change in Profit Sharing Ratio Solutions Class 12 (2026-27)

Solution of Question 13 of Change in Profit sharing ratio DK Goel Class 12 CBSE (2026-27)

The capital of the firm of Rajat and Karan is15,00,000 and the market rate of interest is 12%. Annual salary or Rajat and Karan is 20,000 and 30,000 respectively. The profits for the last three years were ₹2,40,000, 2,80,000 and 3,20,000.

Goodwill of the firm is to be valued on the basis of two years purchase of last three years’ average super profits. Calculate the goodwill of the firm.

(C.B.S.E. 2025, Delhi)

[Ans. Goodwill 1,00,000.]

Solution:-