[CBSE] Q. 21 Solution of Goodwill TS Grewal Class 12 (2023-24)

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Solution to Question number 21 page of the Goodwill Chapter 2 TS Grewal Book CBSE Board 2023-24 Edition.

Average profit earned by a firm is ₹ 1,00,000 which includes an undervaluation of stock of ₹ 40,000 on an average basis. The capital invested in the business is ₹ 6,30,000 and the normal rate of return is 5% Calculate the goodwill of the firm on the basis of 5 times the super profit.

[Ans.: Goodwill – ₹ 5,42,500]

Solution:-

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Anurag Pathak

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