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Solution to Question number 13 of the Goodwill chapter 2 TS Grewal Book CBSE Board 2025-26 Edition. A and B were partners in a firm sharing profits equally. Their capitals were: A – ₹ 1,20,000 and B – ₹ 80,000.…

Solution to Question number 12 of the Goodwill chapter 2 TS Grewal Book CBSE Board 2025-26 Edition. Sakshi and Megha were partners sharing profits and losses in the ratio of 3 : 1. Capital Employed as on 31st March, 2024…

Solution to Question number 11 of the Goodwill chapter 2 TS Grewal Book CBSE Board 2025-26 Edition. Atul and Bipul had a firm in which they had invested ₹ 50,000. On average, the profits were ₹ 16,000. The normal rate…

Solution to Question number 10 of the Goodwill chapter 2 TS Grewal Book CBSE Board 2025-26 Edition. The Capital of the firm of Anuj and Benu is ₹ 10,00,000 and the market rate of interest is 15%. The annual salary…

Solution to Question number 9 of the Goodwill chapter 2 TS Grewal Book CBSE Board 2025-26 Edition. Raman and Daman are partners sharing profits in the ratio of 60 : 40 and for the last four years they have been…

Solution to Question number 8 of the Goodwill chapter 2 TS Grewal Book CBSE Board 2025-26 Edition. Profits of a firm for the year ended 31st March for the last five years were: Year Ended Profits (₹) 31st March, 2020…

Solution to Question number 7 of the Goodwill chapter 2 TS Grewal Book CBSE Board 2025-26 Edition. Sumit purchased Amit’s business on 1st April 2024. Goodwill was decided to be valued at two years’ purchase of average normal profit of…

Solution to Question number 6 of the Goodwill chapter 2 TS Grewal Book CBSE Board 2025-26 Edition. Abhay, Babu, and Charu are partners sharing profits and losses equally. They agree to admit Daman for an equal share of profits. For…

Solution to Question number 5 of the Goodwill chapter 2 TS Grewal Book CBSE Board 2025-26 Edition. Tarang purchased Jyoti’s business with effect from 1st April 2024. Profits shown by Jyoti’s Business for the last three financial years ended 31st…

Solution to Question number 4 of the Goodwill chapter 2 TS Grewal Book CBSE Board 2025-26 Edition. Asin and Shreyas were partners sharing profits and losses in the ratio of 2 : 1. They admitted Shyam as a partner for…

Solution to Question number 3 of the Goodwill chapter 2 TS Grewal Book CBSE Board 2025-26 Edition. Purav and Purvi are partners in a firm sharing profits and losses in the ratio of 2 : 1. They admit Parv into…

Solution to Question number 2 of the Goodwill chapter 2 TS Grewal Book CBSE Board 2025-26 Edition. Profits for the five years ending 31st March are as follows: Year 2020 – ₹ 4,00,000; Year 2021 – ₹ 3,98,000; Year 2022…

Solution to Question number 1 of the Goodwill chapter 2 TS Grewal Book CBSE Board 2025-26 Edition. Goodwill is to be valued at three years’ purchase of four years’ average profit. Profits of the firm for the last four years…