[CBSE] DK Goel Q. 50 Change in Profit Sharing Ratio Solutions Class 12 (2026-27)

Solution of Question 50 of Change in Profit sharing ratio DK Goel Class 12 CBSE (2026-27)

A firm earns a profit of ₹ 37,000 per year. In the same business a 10% return is generally expected. The total assets of the firm are ₹ 4,00,000. The value of outside liabilities is ₹ 90,000. Find out the value of goodwill.

Ans. Goodwill ₹ 60,000.]

Solution:-