[CBSE] Q. 15 Solution of Goodwill TS Grewal Class 12 (2023-24)

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Solution to Question number 15 page of the Goodwill Chapter 2 TS Grewal Book CBSE Board 2023-24 Edition?

Total capital of the firm of Sakshi, Mehak, and Megha is ₹ 1,00,000 and the market rate of interest is 15%. The net profits for the last 3 years were ₹ 36,000 and ₹ 42,000. Goodwill is to be valued at 2 years’ purchase of the last 3 year’s super profit. Calculate the goodwill of the firm.

[Ans.: Goodwill – ₹ 42,000.]

Solution:-

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