[CBSE] DK Goel Q. 43 Change in Profit Sharing Ratio Solutions Class 12 (2024-25)

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Solution of Question 43 of Change in Profit sharing ratio DK Goel Class 12 CBSE (2024-25)

The average profit earned by a firm is ₹ 75,000 which includes undervaluation of stock of ₹ 5,000 on an average basis. The capital invested in the business is ₹ 7,00,000 and the normal rate of return is 7%. Calculate goodwill of the firm on the basis of 5 times the super profit.

[Ans. Adjusted Profit ₹ 80,000; Goodwill ₹ 1,55,000.]

Solution:-

Here are the solutions of Change in Profit Sharing ratio chapter of DK Goel Class 12 CBSE (2024-25)

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Anurag Pathakk
Anurag Pathakk
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