[CBSE] DK Goel Q. 19 Change in Profit Sharing Ratio Solutions Class 12 (2026-27)

Solution of Question 19 of Change in Profit sharing ratio DK Goel Class 12 CBSE (2026-27)

The average profits of a firm is ₹ 48,000. The total assets of the firm are ₹ 8,00,000. Value of outside liabilities is ₹ 5,00,000. Average rate of return in the same business is 12%.

Calculate goodwill from capitalisation of average profits method.

[Ans. ₹ 1,00,000.]

Solution:-